• Media Room Page Menu

  • Media Room

  • < Back

    Will Tax Reform Break the 401(k) Plan System?

    On September 27, key tax reform leaders issued a “Unified Framework for Fixing Our Broken Tax Code” that could have a significant impact on the retirement plan system. The Framework doesn’t provide much detail, but several changes and the “pay for” provisions could impact Americans’ ability to save on a tax deferred basis and the formation of new plans by small businesses.

    Industry expert Larry Goldbrum, senior vice president and director of ERISA Fiduciary Services of Reliance Trust, an FIS company, provides insights into how tax reform may affect the retirement plan system.