As the Trump administration and lawmakers consider amending the treatment of qualified retirement savings contributions to fund tax reform, they will have to reckon the impact that would have on savings rates.
They’ll be doing so with limited data on how “Rothification” would affect the $7.3 trillion defined contribution market.
Lawmakers are reportedly considering moving all or some portion of the defined contribution market to a Roth, or after-tax model, to bring tax revenues into the 10-year budget window.
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