Proposals for retirement savings plans expected in new budget
Changes to retirement savings plans are expected in White House budget proposal.
Tag: White House
White House budget limits tax preferences
Limitations on tax deductions for high earners and a reduction in expected Social Security benefits are among many provisions in President Obama’s FY 2014 budget proposal. The $3.77 trillion budget, released this week proposes more than $1 trillion in savings from spending cuts, entitlement reforms, and interest savings. Additional revenue from reforming the tax code