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That's a bad question, the average person isn't sheltering large sums of money. And the original premise was about reducing one's tax burden. The "sheltering" element you only added in your last question.
No, I’m pretty sure the theme has been about Biden’s tax plan, how he’s nerfing 401(k) retirement accounts, and how people are going to end up paying more in taxes. That’s the gist. All this other nonsense, like donating your salary to negate increased taxes under Biden’s plan was all you.
I asked you to tell me how the average person is supposed to easily shelter as much money. Not sure what this has to do with the “right type of well-to-do people.”Then you don't know enough well-to-do people or the right type of such people.
It will be a tax increase for almost everyone who is earning a normal wage and saving for retirement.As this conversation goes on, you're moving further and further from your original point - which is that changes to the 401(k) plan means a tax increase for people. I think we've established that it doesn't