In a statement submitted today to the Senate Finance
Committee on its hearing on retirement savings reform, the ERISA Industry
Committee (ERIC) urged the committee to be wary of unintended outcomes in
considering changes to the tax rules for retirement savings.
“ERIC urges Congress to exercise significant caution when
considering any changes to the tax incentives relating to the retirement system
and avoid major unintended adverse consequences,” said Kathryn Ricard, ERIC
Senior Vice President for Retirement Policy.
To read more, click here.
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