Congressman Dave Camp (R-MI), Chairman of the Ways and Means Committee (AP Photo/Pablo Martinez Monsivais)

Are government experts slightly cooking the books when it comes to stating the real costs of federal retirement tax incentives?

Research released Monday by ASPPA suggests that the accounting process used by two federal tax policy watchdogs is flawed and is considerably overstating the savings possible by dropping such retirement incentives – par for the course in an election year, but not at all in the best interest of employees.


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.