Amendments to the Senate version of the Tax Cuts and Jobs Act will protect catch-up contributions to 401(k) plans for high-wage earners, and preserve the tax structure for non-qualified deferred compensation.
More than 350 amendments were made to the bill late Tuesday night. The Senate Finance Committee is pushing to vote on a bill by the end of the week.
The revised bill also delivered two bombshells that immediately roiled the already contentious debate over tax reform.
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