There are rumblings in Whoville that the next round of budget negotiations will take a huge bite out of retirement plans. That politicians would even consider halting the tax-deferred status for a quick shot of tax revenue shows how incredibly short-sighted they are. Of all their socking it to the grandkids via their addiction to ever-increasing deficits and borrowing, tax-deferred retirement vehicles are the only gift they're giving those same grandkids.
Not too long ago, FiduciaryNews.com authored a members-only white paper called “Slaying the Myth of the 401k Tax Advantage Myth.” At first, you might think the double use of the word “myth” to be a typo, but it's not.
Perhaps spurred by the negative press regarding 401(k) plans, there's been a growing feeling among some seasoned professionals that the 401(k) plan has outlived its usefulness. The 401(k) plan was created when marginal tax rates were much higher than they are today.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.