Tag: tax provision
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)…
Introduction Employer plans are a critical component of the U.S. retirement income system. The existence of these plans, especially the increasingly dominant 401(k)s, seems highly dependent on their favorable tax treatment. It is less clear, however, whether the employee contributions that fund these plans are a response to the favorable tax provisions or to t…
