Reforming 401(k) Tax Benefits Raises Concerns of ‘Double Taxation’: Economist

David Lam
By David Lam
February 14, 2024NTD News Today
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A controversial proposal from the Center for Retirement Research at Boston College aims to limit tax perks on people’s retirement plans and redirect those funds to help shore up Social Security. To get an economist’s thoughts on the plan, NTD spoke with William McBride, vice president of Federal Tax and Economic Policy at the Tax Foundation, for an analysis of the proposal.