Earlier this month a commission charged with devising a plan to strengthen the retirement security and personal savings of Americans released its report – and today’s article outlines how “a lot of high income earners are going to hate it”. The 146-page report from the Bipartisan Policy Center “includes revamps of everything from 401(k) plans to reverse mortgages to tax credits for encouraging savings.” So what specific proposals are likely to raise the ire of high-income workers? From proposed changes to the tax-deductibility of mortgage interest to increased taxation of Social Security benefits and more, CLICK HERE to find out.
