Republicans Consider Sharp Cut in 401(k) Contribution Limits - The New York Times
WASHINGTON — House Republicans are considering a plan to sharply reduce the amount of income American workers can save in tax-deferred retirement accounts as part of a broad effort to rewrite the tax code, according to lobbyists, tax consultants and congressional Democrats.
It is unclear if Republicans will ultimately include a cap on contributions in the tax bill that they are expected to release in the coming weeks.