Saturday, October 17, 2020

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits | Fox Business

"When you mess up that bargain, you're disincentivizing those small business owners from having that plan anymore," he said. "Not only is it unfair to those small business owners, it's going to reduce the likelihood that they're going to offer those benefits to their employees. And that's particularly acute in a challenging time like now."

via www.foxbusiness.com

https://rightcoast.typepad.com/rightcoast/2020/10/bidens-plan-to-overhaul-401k-tax-breaks-could-force-some-companies-to-cut-retirement-benefits-fox-business.html

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Comments

"Biden's plan to ..." Look, it's not clear that he can plan as far ahead as the next time he needs to blow his nose.

Posted by: dearieme | Oct 18, 2020 4:38:16 AM

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