"The statistics concerning how respondents view their own ability to save for retirement may signal potential problems down the road. Another contributing factor is the possibility that the government reduces the amount that can be contributed into a tax-deferred retirement plan ... There is a troubling precedent for this set by the major overhaul in 1986, which is blamed for limiting tax-deferred savings and causing pension plans to be terminated.... Congress should be cautious when instituting reforms that impact retirement savings, lest they try to solve one problem by making another problem, the retirement readiness of American workers, worse."

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