Tag: pension policy
Shift to Roth accounts could pay for tax cuts – at least in the short run. “Word has it” that the Congress will be looking for revenues to finance tax cuts and that one possibility would be to shift IRAs and 401(k) plans from the traditional form to a Roth. Contributions to a traditional 401(k)…
The brief’s key findings are: GASB proposes two major changes for reporting purposes. Assets would be valued at market rather than smoothed. Liabilities would be discounted by a blended rate using: the long-run return for liabilities covered by projected assets; and the high-grade municipal bond rate for liabilities covered by other resources. These changes would reduce reported…
