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."

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. 

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