Model Estimate T20-0141 - Eliminate Tax Expenditures for Retirement Saving Plans (Alternative Cash-Flow Method), Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020 t20-0141.xls
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The alternative cash-flow method  estimates the tax expenditures as the tax saving from deductions for qualified retirement plans, the savers’ credit, and current income accrued within qualified plans minus the present value of future withdrawals attributable to current contributions. Baseline is the law in place as of December 18, 2019, with the Tax Cuts and Jobs Act of 2017 (TCJA) permanently extended.

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Model Estimates Type Distribution Tables by Income Percentile
Primary topic Individual Taxes
Topics Retirement
Model Estimates from the same Simulation Run May 7, 2020
Model Estimate
T20-0138 - Eliminate Deductions for New Contributions to Retirement Saving Plans, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0149 - Allow Roth Contributions and Repeal Deduction for Elective Contributions, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0148 - Replace Deductible Defined-Contributions with Revenue-Neutral Nonrefundable Expanded Savers' Credit, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0147 - Replace Deductible Defined-Contributions with Revenue-Neutral Refundable Expanded Savers' Credit, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0146 - Limit Maximum Defined-Contribution to $20,000 and Repeal Catch-Up Contributions, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0145 - Limit Maximum Defined-Contribution to $15,000 and Repeal Catch-Up Contributions, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0144 - Limit Maximum Defined-Contribution before Catch-Up Contributions to $20,000, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0143 - Limit Maximum Defined-Contribution before Catch-Up Contributions to $15,000, Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0142 - Eliminate Tax Expenditures for Retirement Saving Plans (Present Value Method), Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0140 - Eliminate Tax Expenditures for Retirement Saving Plans (Treasury/JCT Method), Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0139 - Eliminate Deductions for New Contributions to Retirement Saving Plans, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
Model Estimate
T20-0150 - Allow Roth Contributions and Repeal Deduction for Elective Contributions (No Change in Future Taxes), Baseline: Current Law with TCJA Permanently Extended, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2020
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