Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Reform could change the way clients save for retirement Clients could expect changes to their retirement as lawmakers are looking at scrapping individual tax deductions, including the tax break for retirement plan contributions, as part of the overall tax reform, according to this article on CNBC. "You get the sugar high if you tax retirement plans right now for tax reform," an expert says. "But it's going to have a drain on the federal Treasury in the out years because you won't be getting that revenue back in."
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