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To get better, but it's actually been a mixed picture so far. if you've got your 401 k, pretty good. the job growth, it's up. it's not negative, but it's not great. >> this is a bloomberg stat, but this is the weakest three month payroll gain since 2012. not to say the jobs aren't growing. just to say that this is not the pace of the past in terms of that. when you offset it against unemployment, a lot of other factors, it is a mixed bag. the problem for president trump is so many of his policies, the explanation for withdrawing from paris, the explanation for why he wants to do all these tax ...

Signals on what his vision is in terms of retirement savings. can you layout what the president's vision is in 401 k and tax deductions surrounding those? does he imagine removing those or is he going to protect those? >> the secretary of the treasury both talked about the current plan protects charitable giving and mortgage interest and that's it. as we move forward with negotiations in the house and senate, that plan will continue to flush out. but one of the benefits of the tax plan on the individual side in particular is by expanding the standard deduction two $24,000 for a married couple ...

Don't get hit with a huge tax bill. it actually isn't. if you want to lower your tax rate, hopefully you got a 401 k at your job or an ira. if you're under 50, you can contribute up to 18,000 for a 401(k) and $5500 to an ira. did you hit the limit. find out. if you're over 50, even better. $24,000 can go into your 401(k). do it now. your company has to process the paperwork if you want to hit the maximum before the end of the year. flexible spending accounts allow you to add more money for this year if you had a major life event like marriage or a new baby. that goes in pre-tax. make sure yo...

Losing hope when that person is put in charge of our economy. >> you know what's hopeful, at the end of the year when so many millions of americans open up their 401 k and say not so bad. that's hopeful. i'm curious at the time aing of mrs. obama's comment that hope is leaving right now. >> isn't it something that hope is leaving when he her husband is leaving. i had a flashback to 2008 when she said she never felt good about america until her husband won the presidency. now she's saying that hope is gone because her husband is leaving. this is a self absorbed family, a selfish family. she sho...

About, we are not going to impact folks on social security or medicare who are 55 or older -- >> what about younger ones who have paid into the system for years and years and years and are expecting to be eligible for medicare, when they retire, to be eligible for social security? say they're 45 years old? will they still get exactly what has been promised them? >> that's a discussion we'll have. there is a distinct possibility they may not, but they would be able to have other benefits and participate in those, not unlike a 401 k plan. >> you want to privatize part of that? >> let me read wha...