Survey: 85% of Americans want to keep retirement tax breaks

02/7/2013 | InvestmentNews (free registration) · Reuters

Eighty-five percent of Americans think Congress shouldn't eliminate tax deferrals associated with retirement-saving vehicles, according to research from the Investment Company Institute. The group is working to protect the tax incentives from lawmakers looking for spending cuts. "We're trying to counter all of the doom and gloom about the 401(k) system being a failure and that it doesn't work. The participants don't feel that way," said ICI chief Paul Schott Stevens.

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InvestmentNews (free registration) · Reuters

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