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Friday, 16 October 2020

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits


Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits



A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

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