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06/22/2017

PSCA Snapshot Survey Results: Impact of Tax Reform on DC Plans

How Concerned are Plan Sponsors about Rothification?

The Plan Sponsor Council of America (PSCA) today released the results of a new snapshot survey to gather insights on the impact of possible changes to tax preferences for retirement savings plans. Congress is considering reducing or eliminating pre-tax contributions as part of a plan to raise tax revenues and offset anticipated losses in tax receipts from lowering marginal income tax rates. 
PSCA surveyed 443 plan sponsors in May 2017 to gauge the impact of limiting or eliminating pre-tax contributions to qualified retirement plans under various tax code provisions including 401(k) and 403(b). 

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