POLITICSMARKETWATCH
The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals have over $85 billion in tax-sheltered retirement accounts, which the super rich use to avoid taxes on millions of dollars. A proposed law aims to prevent this tax avoidance by closing loopholes in 401(k)s and IRAs.
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