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New Tax Proposals Are Threatening Retirement Plans
Manage episode 421161795 series 3563269
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With Social Security and Medicare set to become insolvent in less than 10 years, the federal government is becoming increasingly desperate for new sources of revenue. The new big idea is to raise money by ending the tax treatment of 401k and other tax-deferred retirement plans.
Veronique de Rugy sits down with Jason Fichtner to discuss the threat this poses to America’s future retirement savings.
Jason J. Fichtner is Chief Economist at the Bipartisan Policy Center and Executive Director of the Retirement Income Institute, Alliance for Lifetime Income.
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