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Nixon proposes broad pension reforms to expand tax deductions
President Nixon unveils a plan to permit tax deductions for pension contributions and guarantee access to retirement funds when workers change jobs. The proposal includes a vesting rule of 60 and a staged 50 60 100 percent vesting path, aims to broaden private retirement coverage, and would raise self employed deduction limits to 46 percent of 750 dollars.
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Nixon
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White House
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