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Reader Responses March 22, 2012
SURVEY SAYS: Changing the Tax Treatment of 401(k)s
In the past two years, proposals have been made to change the tax treatment of 401(k) contributions either by capping the amount of contributions that can be made to a plan pre-tax or by taxing all contributions and giving participants a refund of a certain amount when they file their taxes.
Reported by PS
Those making the proposals say it will provide more money to the government and create jobs and boost the economy. However, analyses by retirement industry groups argue it will hurt retirement savings for American workers.
This week, I’d like to know, how do you feel about changing the tax treatment of 401(k)s?
You can reply to this week’s survey by 6 p.m. today at https://www.research.net/s/SFN7R5V.