The tax reform bill is done. President Trump signed the bill on December 22, meeting his deadline for completion by Christmas. While there is much to be said about the Tax Cuts and Jobs Act (the “Act”), the update on the retirement plan provisions is relatively unexciting. Recall that when the tax reform process started, … Continue Reading
Just as they appeared to survive round one of the House tax reform bill released last week, retirement savings programs, such as 401(k) plans and Individual Retirement Accounts, seem to emerge relatively unscathed from the Senate’s tax reform deliberations. Nonetheless, the Senate Finance Committee’s proposal does include a few changes to these programs.… Continue Reading