Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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How the Republican Tax Plan Would Hurt Retirement Savings
National Public Pension Coalition [Opinion] Oct. 27, 2017
"[C]hanging the way 401(k) contributions are taxed today frees up a significant amount of money to use to lower the overall tax rate.... If Congress lowers the cap on 401(k) contributions, they get more money now, which helps them pass their massive tax cuts. It doesn't matter that the federal government will collect less money in the future; those losses will occur outside the ten year budget window."
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