Last week’s Senate Finance Committee hearing on reforming theindividual tax code was heartening for retirement industrystakeholders.
One proposal reportedly being considered under tax reform is theso-called Rothification of the $7.3 trillion definedcontribution market.
Eliminating or capping the amount of retirement savingscontributions that can be made on a pre-tax basis would allowlawmakers to book more tax receipts within the 10-year budgetwindow.
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