Tag: The Implications of Reducing the Tax Expenditure for 401(k) Plans
![Working together on their budget](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_5-1536x988.jpg)
Tax expenditures for 401(k) plans can be reduced in one of two ways. The deferral provisions could be limited to, say, a lower dollar amount or the taxation of saving outside of 401(k)s could be treated more favorably – that is, capital gains rates further reduced. The question is how such a change would affect…