Upper-middle-income earners benefit most from 401(k) incentives

12/3/2012 | MarketWatch

If lawmakers were to change tax incentives for 401(k) plans in their efforts to reduce the federal deficit, those most affected would be Americans earning $160,000 to $600,000 a year, research indicates. Those earning less pay lower rates and tend to save less; those earning more already face a limit on how much they are able to save in tax-deferred plans, and those plans likely represent a small portion of their financial assets.

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