Republican tax bill will reduce access to small business 401(k) plans

In addition to all the other negative effects of the proposed Republican party’s proposed tax changes, the bill will discourage small employers from offering 401(k) plans because employers would save on taxes by dropping employee plans. According to the American Retirement Association about 24 million workers could lose 401(k) access as a result of the proposed tax bill. Just one more example of how the Republican tax bill hurts middle class workers. 

Source: https://www.fa-mag.com/news/gop-tax-reform-will-cause-small-business-owners-to-drop-retirement-plans--ara-says-36083.html?section=88