As Congress readies to put the finer points on the Trump administration's pledge to reform the country's tax code, questions remain as to whether lawmakers will tap the tax-preferred treatment of qualified retirement savings plans to fund lower individual rates.
The so-called Rothification of defined contribution and IRA savings deferrals is reportedly still under consideration.
This despite a concerted lobbying front from consumer and employer advocates and the financial services industry, who argue Rothification would negatively impact the amount of savings workers would defer to retirement plans.
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