More on Personal Saving Account

This account would also double as a 401K, for companies that offer 401K matching, they could match the 5% of tax money that is already being taken. Or, however much their matching allows. If they offer additional matching beyond the 5% the individual could increase their percentage beyond the 5% already put in by tax.For those of you who feel that 15% tax is unfair to those that are poor. The Government would match a percentage of this 5% for those earning $50,000 a year or less.

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