I live and work in the U.S. My last job allowed me to save $19.5k/year. My current job doesn't allow me to contribute to a 401k until I've been working there for a year. During this year, I'm saving in a personal IRA. My contribution to this is capped at $6,000 for the year.
Why? I'm still an employed worker. Shouldn't I be entitled to the same opportunity to save my money as the guy working next to me? What is the rationale for this enormous discrepancy?
Submitted February 17, 2022 at 12:52AM by WartimeHotTot https://ift.tt/qspYZrd