Today, less than two months after the White House launched the Startup America campaign to accelerate high-growth U.S. entrepreneurs, Prime Minister David Cameron joined with U.K. entrepreneurs to kick off StartUp Britain.

WHITEHOUSE: StartUp Britain: Accelerating Entrepreneurship Across the Pond | The White House

Under the old law, if a worker contributed 5% of his pay to a 401(k), the company had to kick in 4% to get out of the nondiscrimination test.

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DJs will perform before kick and proceeds from ticket sales go the U.K. housing charity, Shelter.

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In addition he is proposing Roth 401(k) and 403(b) plans that would allow individuals to kick in aftertax money to those accounts and collect that money tax-free when they retire.

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