Lawmakers consider changing the 401(k) rules—here’s what that might mean for you

Republicans are finally making moves on tax reform. And the effort could affect your retirement.

After failing to repeal Obamacare, taxes have become a prime target for President Trump and are currently his “highest focus,” says Treasury Secretary Steven Mnuchin, according to Politico. And, as the government grapples with how to raise revenue to offset any cuts, negotiators are drawing inspiration from former Republican Rep. Dave Camp’s 2014 tax plan.

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