911 for 401(K)
Bold Action Needed for Retirement Saving
Contribution limits, fees and tax treatment for 401(k)s should all be addressed.
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Changes to your 401(k) may be coming. But don’t worry, it will still be the same inadequate retirement plan you already have.
As the Wall Street Journal’s Jason Zweig noted recently, “At a meeting with members of the Senate Banking Committee earlier this month, Gary Cohn, the director of the White House National Economic Council, discussed ideas that would remove pretax benefits from retirement accounts including 401(k)s and shift them to after-tax benefits.”