Fiscal fixes might hurt retirement industry, experts say

12/6/2012 | Financial Advisor online

Several proposed solutions to the country's fiscal woes include measures that would end the favorable tax treatment of 401(k) and similar retirement plans. That could take a disastrous toll on America's retirement industry and on Americans' ability to plan for their future, some experts say. "Destabilizing the employer-sponsored retirement system could have serious unintended consequences for the future," warns Lynn Dudley of the American Benefits Council.

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