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Collecting Taxes on 401(k) Deferrals: The Wrong Policy at the Wrong Time
Carol Buckmann via PenChecks
[Opinion] Nov. 14, 2017 "Congress is looking for ways to pay for a reduction in corporate tax rates, and the money has to come from somewhere. So why not collect the tax on 401k contributions now? This short-term gimmick eliminates individual choice and risks thwarting the long-term goal of increasing retirement savings. What can we do to convince our elected officials this is a bad idea?" MORE >> |
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