While a flurry of recent, presidential-level focus on Americas retirement system might be a good opportunity for dialog on its shortfalls, those in the retirement industry fear that a new era of potential tax grabs is on the horizon.
Speaking March 23 at the National Association of Plan Advisors 2014 401(k) Summit in New Orleans, Preston Rutledge, senior tax counsel to the Senate Finance Committee, says he believes that the current political climate is leaning more and more in favor of a nationalized retirement system to the detriment of a considerable private industry that has developed in the post-DB world.
