Wednesday, November 05, 2008

 

Congressman: Eliminate Tax Deferral for 401(k) Contributions

Spurred by Americans' investment losses this year, Congressman George Miller (D-Calif.) is calling for a re-examination of 401(k) plans that could lead to a radical overhaul of the popular tax-deferred savings vehicles, Pensions & Investments magazine reported last week.

Congressman: Eliminate Tax Deferral for 401(k) Contributions
Source: Financial-Planning.com

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