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Former Obama Administration Official Offers Plan to 'Fix' Tax Incentives for Retirement Plans -- Here's Why It's Dead Wrong
Employee Fiduciary Link to more items from this source
[Opinion]
July 30, 2014

"Last week's Op-Ed in The New York Times ('A 401(k) for All' by Gene B. Sperling) ... aims to address wealth inequality by 'fix(ing) what I have long called our "upside-down" tax incentive system for retirement savings.' ... He proposes a policy to that would 'both reduce wealth inequality and encourage individual wealth creation.' ... [C]hanging 401(k) incentives is a poor tool for addressing wealth inequality ... The idea that there are winners and losers in 401k plans is an inappropriate frame of reference."

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