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.