Proposed cuts to retirement tax incentives in the name of fiscal reform will damage American workers' retirement security.
Brian Graff, CEO and executive director of The American Society of Pension Professionals & Actuaries (ASPPA) made these comments in response to the 20/20 proposal by the Bipartisan Policy Center at a Senate Finance Committee hearing about Confronting the Looming Financial Crisis.
"While changes need to be made to confront the looming fiscal crisis, proposals to make drastic cuts to retirement tax incentives in the name of fiscal reform come at too high a cost to American workers' retirement security," he said.
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