Savings It S Panic Time
Most of the changes take a trickle-down approach, especially for small-company plans. They give richer options to the boss, in hopes he or she will pass the beneficence down the ranks. On the off chance the boss doesn’t help you out, the law offers workers a few direct tax savings, too. Taken together, these new rules give you an early look at the kinds of tax breaks that boomers are going to want a lot more of:...