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limiting contributions and/or taking away tax deferral seems like it would only compound the retirement savings problem.

Meanwhile we know that the contributions and gains are still taxable at ordinary rates when you take distributions in retirement. The govt is not "giving" you anything. They are merely incentivizing voluntary contributions.

But this looks like a figment of govt accounting. The tax cut proposal gets scored on its 10 yr impact on the deficit. So cutting the tax deferrals helps the CBO score of the proposal.

Such gobbledegook from our govt. It's a shame we can't do better.
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