"A new Senate resolution hoping to at least recognize the long-term importance of tax-deferral incentives for retirement savings -- 'low-hanging fruit' in this time of 11th-hour fiscal cliff budgetary wrangling -- is making the rounds in Washington, with some extra support from the retirement industry.... The resolution, a 'Sense of Congress' statement, reiterates that current tax incentives for retirement savings do indeed provide important benefits for Americans, as well as actually providing the impetus for workers to help prepare for their own retirement -- in the absence of any other nationalized retirement or pension plan, other than Social Security."

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