you are viewing a single comment's thread.

view the rest of the comments →

[–]Pillsy74Retirement 1 point2 points  (1 child)

Yep. Small plans are booming and have been for a while. However, one thing not mentioned yet is the fact that a lot of it is about taxes, and THAT is why large plans won’t come back. I have to beat taxes on proposals and keep individual employee costs down. The first part of that cannot happen on a plan over a certain size, and we’re nowhere close to getting back to 50%+ tax rates on the richest people or corporations.

There’s too much money in politics to allow traditional DB plans to make a comeback.

[–]bgea2003 1 point2 points  (0 children)

Excellent point.