If 401(k) pre-tax contributions are curtailed, several groups plan to launch nationwide campaigns against the effort.
He believes reducing the pre-tax contribution limit on traditional 401(k) plans and encouraging 'Rothification' would lead the middle class to save less for retirement.
Understanding options with residential deductions is a great way to add value for clients.
These underutilized strategies give financial advisers the edge with clients.
Sweeping bill to be released in just five days.
Despite the president's assurances that 401(k) plans would remain as they are, House Ways and Means Chairman Kevin Brady doesn't rule out changes to the retirement accounts.
GOP reportedly had been considering reducing the cap on the annual amount workers can set aside for 401(k)s.
Perhaps if the time allotted is expanded, cooler heads will prevail.
Mandated contributions to Roth accounts would likely only be partial, as opposed to having a full repeal of pre-tax accounts.
Government says cybercriminals have found ways to access life insurance and annuity accounts.
Largest cost-of-living adjustment since 2012 may be offset for some by higher Medicare premiums.
Keeping the deduction means losing the $1.3 trillion in revenue its repeal was expected to produce.
President would argue middle class stands to benefit from corporate tax cuts.
Framework released by GOP last month has been criticized for adding to budget deficit.
Debate rages over whether or not to repeal the estate tax and AMT, plus whether cuts should be temporary or permanent.
The BENES Act would streamline enrollment, minimize coverage gaps and help seniors avoid paying costly penalties for missing deadlines.
Don't scoff at the potential to add 100 basis points in value per year.
The regulation would have eliminated business-valuation discounts used to reduce estate and gift taxes.
Sen. Bob Corker, R-Tenn., said the White House is showing 'softness' when discussing how the tax cuts will be paid for, such as by repealing the state and local tax deduction.
Sometimes it's better to coordinate claiming strategies where one collects spousal benefits.
