Fiscal deal might not be enough to spare retirement tax incentives

01/7/2013 | Pensions & Investments (free registration)

Congress narrowly avoided plunging over the "fiscal cliff," but retirement-savings tax incentives aren't yet safe. Lawmakers deferred key tax-reform decisions that could still affect the retirement business, lawyer Derek Dorn says. "Congress has delayed the fiscal cliff by erecting a new and potentially more dangerous one," Dorn said. "The fact that retirement incentives rank second on the list of tax expenditures ... creates considerable vulnerability for retirement incentives in any tax-reform process."

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