4 ms·
HSAs do very little to benefit the rich. Do you have an HSA? I do. The max contribution per year is less than a 401k. The rich care very little about sub 4 figu
by deelowe 10y ago
HSAs do very little to benefit the rich. Do you have an HSA? I do. The max contribution per year is less than a 401k. The rich care very little about sub 4 figure annual investments. Trumps policy says nothing of reforming contribution limits
There is no 44% federal tax bracket. The max is ~40%. Either way, I seriously doubt someone making $400k+ per year gives a crap about a sub $4,000 tax deduction. That's not even 1% of their annual income..
What's your definition of middle class? Mine is the kind of people that would benefit from things like 529 plans, 401ks and HSAs. Basically all of my co-workers.
http://taxfoundation.org/article/2016-tax-brackets http://taxfoundation.org/article/2016-tax-brackets
https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/2016-hsa-limits.aspx https://www.shrm.org/resourcesandtools/hr-topics/benefits/pa...
https://www.donaldjtrump.com/positions/healthcare-reform https://www.donaldjtrump.com/positions/healthcare-reform