Congress Eyes 401(k)s Again
As employment pension plans are being replaced by 401(k)s, we need to be mindful of any potential changes to tax treatment of these widely used retirement vehicles. An interesting article was recently published from Kelly Greene which cautions us that the tax treatments of these plans could be altered by a government which is in desperate need of raising revenue. Here are the 5 questions that are brought up and answered in this article. 1. Why are retirement accounts being scrutinized now? 2. Why would...
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