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Some Good, Much Questionable in Camp's Tax Reform Proposal
Todd Berghuis, for Ascensus Link to more items from this source
Mar. 3, 2014
"Despite advance warning of what Camp's tax reform might look like, it was still a jolt to actually see in print the proposed dismantling of key elements of the retirement saving infrastructure as we know it.... Understandably omitted from this committee's summary is the fact that guiding so many contributions into Roth IRAs and Roth accounts in employer plans will result in less tax revenue in the future.... Perhaps the most indefensible of Rep. Camp's tax reform elements would lock down IRA and employer plan contribution and testing limits, without cost-of-living adjustments, for a full decade."

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