RSN Tax Letter to House Ways and Means Committee
April 18, 2012
On April 17, FSI sent the House Committee on Ways and Means a letter urging them to preserve the current tax treatment of retirement savings. The letter explains how retirement plans play an important role in the capital markets as well as discusses how taxes on retirement savings are deferred, not excluded. Further, the letter states that eliminating or diminishing the current tax treatment of employer-provided retirement plans will jeopardize the retirement security of tens of millions of American workers, impacting the role of retirement assets in the capital markets, and create challenges in maintaining the quality of life for future generations of retirees.
Click here to view the letter.