Compass
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
To Boost Retirement Savings, Stop Giving Tax Breaks on 401(k)s
Chris Farrell, in Bloomberg BusinessWeek [Opinion] Apr. 19, 2013
"How about this idea instead: Repeal the tax break associated with 401(k)s, IRAs, and similar tax-sheltered plans. Substitute automatic enrollment for the subsidies. Eliminating the subsidy would boost the government's budget by some $100 billion a year.... Recent economic research strongly supports the policy shift. The main beneficiary of the different approach would be average workers."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |