Nov 2, 2020
When Americans go to the polls (or send in their ballots) they decide on more than their leaders -- some significant state tax questions are at stake as well. We talk to Senior Tax Editor Rocky Mengle about proposals in Illinois, California and elsewhere. Also: bad news for "supersavers" and how the pandemic may have improved conditions for introvert car shoppers.
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Bad News on IRA and 401(k) Contribution Limits for 2021: https://www.kiplinger.com/retirement/retirement-plans/601632/bad-news-on-ira-and-401k-contribution-limits-for-2021; Election 2020: States With Tax Questions on the Ballot: https://www.kiplinger.com/taxes/state-tax/601555/election-2020-states-with-tax-questions-on-the-ballot