A recent article from Plansponsor outlined a new proposal from U.S. House Ways and Means Committee Chairman Dave Camp that would have an interesting impact on current U.S. retirement system.  In his proposal,

  • Contribution limits would be frozen for the next 10 years, halting the current practice of adjustments for inflation
  • Require all elective deferrals greater than 50% of contribution limits be made as Roth deferrals
  • All Plans with more than 100 employees would be required to offer a Roth savings option
  • 25% cap on the rate deductions and exclusions reduce taxpayer income tax liability, including exclusions relating to retirement savings

How would these proposed changes affect your Plan?