Tag: 401(k) plans|Baby Boomers|Congress|Contribution limits|Fiduciary|IRAs|Pension Rights Center|Retirement USA|Saver’s credit|Saving for retirement|Social Security|Tax expenditures
Proposed Retirement Plan Overhaul Faces Skepticism at Tax Reform Hearing
Employee benefits experts testifying before the Senate Finance Committee on Sept. 15 about tax reform options for retirement security largely called for retaining the current structure of retirement savings plans with some improvements, but one witness recommended an overhaul that would replace deductions with refundable tax credits.[Reproduced with permission from BNA Pension & Benefits Reporter, […]
