Higher Taxes Loom for 401(k) Savers
Here’s an interesting article from the Wall Street Journal. The most useful quote in the entire article is one that supports and upholds the tax-free planning approach that we advocate:
“These days, an increase in federal income-tax rates appears inevitable, some say. ‘If you look at the federal defecit, I don’t see any way the tax rate is going anywhere but up,’ says Jack Vanderhei, research director with the Employee Benefit Research Institute, a nonprofit research organization.