ABC hustles to prevent tax reform to funds

Published Updated 3 Min Read

Threat to tax reform around 401(k) retirement plans prompted the American Benefits Council to appeal to Congress on Thursday to “do no harm.”

“The employer-sponsored retirement system helps millions of American workers at all income levels accumulate retirement savings,” American Benefits Council President James A. Klein said in a statement. “As Congress considers broad-based tax reform, we urge lawmakers to ‘do no harm’ and avoid actions that would discourage participation in employer plans.”

Lisa V. Gillespie
Writer

Lisa V. Gillespie is a freelance writer in Washington, DC.


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