Another retirement rescue ensues in Washington this week. This time, Congress hopes not only to help the appalling savings gap, but relieve part of the nation's debt crisis in the process. Kind of a two-for-one deal.

The Senate Finance Committee on Thursday will hear testimony on tax reform options to promote retirement security.

As William Gale notes, the tax structure for retirement plans such as 401(k)s is inherently flawed by an economic loophole that, I agree, is much more likely to serve the wealthiest.

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