NU Online News Service, Jan. 20, 11:44 a.m. – Benefits executives are lukewarm about the idea of creating a federal income tax credit to help retirement plan members buy investment advice, according to results of a survey by the American Benefits Council, Washington.
The council found that only 22% of the 337 benefits executives who participated said the Bush administration should make seeking such a tax credit a very high priority.
But 42% of the participants said the administration should make seeking a planning tax credit a somewhat high priority.