Residents in blue states like California and New York will be socked hardest.
FORBES: The Coming Blue State Collapse
Residents in big urban blue states, such as California and New York, will be socked hardest.
FORBES: Washington-Texas Boom
Putting a cap on the amount that can be socked away and deferred means that the money could still be put aside for retirement, just not in a tax favored account.
FORBES: Does President Obama Want To Tax Your Retirement?
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