As the post-election dust settles, the biggest question among retirement industry insiders is what does it all mean and how are changes in Congress and the White House going to affect how people save for their futures?

"My biggest concern as an industry professional is what may or may not come about with tax reform," said Jason Grantz, institutional retirement consultant for Unified Trust Company, headquartered in Lexington, Ky.

Tax reform has been a bipartisan issue. "I don't think it mattered if Obama or Romney was elected. In general, there's a fiscal cliff we're all worrying about, and we have a spiraling deficit within the United States and one of the things Congress is taking a hard look at is 401(k) plans and the tax advantages afforded there," Grantz said.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.