(Bloomberg) — Twitter had a brief freakout last week after White House spokesman Sean Spicer seemed to suggest that pretax 401(k) contributions to retirement savings were in danger. The White House hastened to say that wasn't part of the proposed tax overhaul it's trying to move through Congress.
But Washington, and the money management industry, are abuzz with rumors. Will Roth 401(k)s and Roth Individual Retirement Accounts, which are funded with after-tax money, take on a greater role, even a starring role, in our retirement planning?
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
© 2024 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.