Revelers throw beads in the rain to crowds below from the balcony of the Royal Sonesta Hotel during Mardi Gras festivities in the French Quarter in New Orleans. (AP Photo/Gerald Herbert)

I found myself at the opening session of the NAPA 401(k) Summit in New Orleans earlier this week listening to Preston Rutledge, benefits tax counsel for the U.S. Senate Finance Committee.

The guy is a committee staff member and reports to staunch Republican Sen. Orin Hatch. I usually don’t agree with the guy but I need to keep that part of me under wraps while I’m covering this. I mean, I’m getting paid to be objective.

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