In addition, higher contributions for Medicare and Social Security are expected while 401(k)s and other self-funded retirement plans continue to replace employer-funded defined benefit plans, particularly for state and local government workers.

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As for exclusions, the biggest are employer-paid health insurance premiums and retirement savings, which benefit most taxpayers only a small fraction goes to high-income households.

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Any employer that is willing to jeopardize your retirement security for its own benefit is, in my opinion, not to be trusted.

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