Retirement policy for the incoming Administration is still an open question, but there are a number of proposals being floated.
In a plansponsor.com piece, Rebecca Moore writes that “some discussion topics during president-elect Donald Trump’s campaign included tax reform, jobs, Social Security, and the Affordable Care Act (ACA),” citing remarks by David Levine, principal, Groom Law Group, Chartered, during a webcast sponsored by the Plan Sponsor Council of America (PSCA) titled ‘Post-Election Washington Update’.”
“He pointed out that potential proposals in tax reform that could affect retirement plans include lowering or raising contribution limits, changing the tax benefits of retirement plans, Roth requirements, and setting lifetime limits on retirement savings. There are many retirement policy proposals on the table, and it is uncertain whether anything can get approved during the lame duck session.”
Retirement Proposals for Trump Administration