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Mixed Messages About Retirement Tax Provisions Causing Alarm
Bloomberg BNA
Aug. 28, 2017
"The House Ways and Means Committee is telling stakeholders that revenue associated with retirement savings won't be used to fund tax reform ... But individual members say they are working with leadership to develop ideas around a concept known as 'Rothification' that would tax savings upfront, rather than when they're withdrawn in retirement ... Ideas under consideration include taxing all savings upfront or allowing a certain amount to be contributed tax-free with anything over the limit being subject to a levy."
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