401(k) plans, IRAs are threatened by tax reform, pensions group warns

10/17/2013 | PlanAdviser.com

Tax reform could turn into a big setback for the retirement planning industry if incentives encouraging the use of 401(k)s and IRAs are severely cut, said Brian Graff, executive director of the American Society of Pension Professionals & Actuaries. The industry's lobbying should focus on educating Congress about how 401(k) and IRA tax incentives help a huge number of America's workers get ready for retirement, he said.

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