USUS Politics

Tax Reform’s 401(k) Puzzle

Save
Tax Reform’s 401(k) Puzzle
US President Donald Trump speaks with Rep. Kevin Brady (R), chairman of the House Committee on Ways and Means, during a meeting with members of the Committee in the White House in Washington, DC on Sept. 26, 2017. SAUL LOEB/AFP/Getty Images
Emel Akan
Updated:

Tax Reform has gained momentum after the House passed the budget resolution on Oct. 26, clearing the way for tax legislation. Meanwhile, concerns about possible changes to the 401(k) retirement saving plans have heated up recently.

Critics say that the upcoming bill will include a cutback in tax incentives for 401(k)s and discourage workers from saving.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
twitter
Related Topics