Why, when I see this, do I think that this is probably the most spectacularly inappropriate way to measure the impact of the proposed legislation? Nothing that looks at the impact of the legislation on individual savings for those who are not investment advisors versus the impact of the legislation on individual savings for those who are investment advisors?
No idea, does it matter?
It does not matter when looking at implementing an incorrect deferral election when too little was withheld and the employee does not say anything for six months.