Tax reform? Hold your breath

November 2017
Pensions & Investments;11/13/2017, Vol. 45 Issue 23, p0010
The article reports on the impact of the major tax reform proposed by the House Ways and Means Committee to the defined contribution plans in the U.S. The Committee proposed a tax simplification by converting the standard 401(k) plans to Roth 401(k)s, or revive the individual contribution limits. The author thinks that the Committee's effort to offset the $1.4 trillion cost of the tax cut over the next 10 years could hurt individuals and the nation.


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