The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Saturday, April 13, 2013

401k nightmares
Tom Smith

This is the beginning. --ts

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The ants must be destroyed!!!

Posted by: JMS | Apr 14, 2013 7:10:34 PM

We have a limit in Britain that you lose the tax advantage if your pension fund goes above 1.5MGBP (recently reduced to 1.25MGBP) - so about 25% lower than your proposed 3MUSD. A friend astonished me the other day by saying that his fund would shortly be 1.5MGBP, because (i) we were brought up not to discuss such things, and (ii) I thought that was a huge heap for an academic to accumulate.

Posted by: dearieme | Apr 15, 2013 2:58:58 PM