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We don't have to be flat broke in retirement

Here's a modest proposal that wont cost very much and has enormous potential benefits: Raise the ceiling on contributions to individual retirement accounts (IRAs), 401(k)s and other tax-deferred retirement-savings accounts.

By Barry Ritholtz | Updated on January 11, 2017
The present 401(k) contribution limits all but guarantee insufficient savings for the average worker. (Photo: Getty)

(Bloomberg View) — Of the many proposed legislative changes that might occur during the presidency of Donald Trump, the one with the highest probability of actually becoming law is a reduction in corporate tax rates.

Related: Top 7 401(k) questions employees have

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