Cutting 401(k) Tax Benefits Is 'Ill-Advised,' Jim Cramer Says
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said cutting the contribution limits to 401(k) accounts is "ill-advised."
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said cutting the contribution limits to 401(k) accounts is "ill-advised."
Cramer said the 401(k) tax benefits encourage people to save money.
President Trump tweeted on Monday morning that no changes would be made to the contribution limits.
Watch More with TheStreet:
- Jim Cramer Reveals What to Watch in Alphabet's Earnings
- Apple's Former CEO Perfectly Explains Why Tech Giant Can't be a True Innovator
- America's Love for Pumpkins by the Numbers: Video
- What You're Seeing With Cord-Cutting Is Just the Tip of the Iceberg: Akamai CEO
Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter.
