Thursday, February 2, 2006

The Final Report of the President's Advisory Panel on Federal Tax Reform has been published.

The Final Report of the President's Advisory Panel on Federal Tax Reform has been published.

Essentially, the Panel's recommendations boil down to...

Current Law

Panel's Proposal

Various Existing Plans (403b,457 and 401K)Save At Work Accounts
Various IRAsSave For Retirement Accounts
Various Health and Education AccountsSave For Family Accounts

A couple other helpful resources that lay out contribution levels...
Roth 401K
Washington Counsel

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