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Thu, May 28

What to know about 401(k) plans amid talk of tax change
Congress considers cutting amount of pretax money workers can contribute to 401K

In this Monday, Aug. 24, 2015, file photo, people walk past the New York Stock Exchange. Congress is looking for ways to raise revenue, and one of the methods reportedly under consideration is to limit how much pre-tax money workers can contribute to their 401(k) and similar accounts. If it were to happen, the move would strike at a way that tens of millions of Americans use to save for retirement. (Seth Wenig/AP, File)

In this Monday, Aug. 24, 2015, file photo, people walk past the New York Stock Exchange. Congress is looking for ways to raise revenue, and one of the methods reportedly under consideration is to limit how much pre-tax money workers can contribute to their 401(k) and similar accounts. If it were to happen, the move would strike at a way that tens of millions of Americans use to save for retirement. (Seth Wenig/AP, File)

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