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There are rumblings in Whoville that the next round of budget negotiations will take a huge bite out of retirement plans. That politicians would even consider halting the tax-deferred status for a quick shot of tax revenue shows how incredibly short-sighted they are. Of all their socking it to the grandkids via their addiction to ever-increasing deficits and borrowing, tax-deferred retirement vehicles are the only gift they’re giving those same grandkids.

Christopher Carosa


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