[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjR0klzkID-SbaZPhrfvbIkAzDXL2iE-5PaxrZs-o1r0":3,"$f7I9xL3sQgjeiDMZDNUmhtRVRmlK3y-8U7mfETsCtOYw":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},192221,"Steve Utkus","S",4,null,"steve-utkus",[],{"quotes":13,"pagination":60},[14,26,37,48],{"id":15,"quote_text":16,"author_id":5,"source_id":8,"has_image":17,"author":18,"source":19,"quote_tag":20,"commentary":9},2660340,"You could argue that lifecycle funds are the ideal investment for 401(k) investors throughout your lifecycle, given their broad diversification.",false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[21],{"id":22,"tag":23},5637840,{"id":24,"tag_name":25},18111,"argue",{"id":27,"quote_text":28,"author_id":5,"source_id":8,"has_image":17,"author":29,"source":30,"quote_tag":31,"commentary":9},2660318,"They have to make a judgment. The more your employer is putting in pretax the more you should switch to Roth.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[32],{"id":33,"tag":34},5637825,{"id":35,"tag_name":36},5059,"employer",{"id":38,"quote_text":39,"author_id":5,"source_id":8,"has_image":17,"author":40,"source":41,"quote_tag":42,"commentary":9},2660294,"Just as they hold fixed income assets to diversify the risk of stocks, participants should hold Roth savings to diversify the risks associated with pre-tax savings.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[43],{"id":44,"tag":45},5637800,{"id":46,"tag_name":47},7501,"assets",{"id":49,"quote_text":50,"author_id":5,"source_id":8,"has_image":17,"author":51,"source":52,"quote_tag":53,"commentary":59},2660284,"We're pretty confident it will be maintained or continued. Unlike other Bush tax provisions, it actually raises tax revenue under the budget rules because participants are paying taxes today.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[54],{"id":55,"tag":56},5637788,{"id":57,"tag_name":58},12132,"budget","**The Backstory**\nSteve Utkus, a renowned behavioral finance expert, likely uttered these words in a discussion about the future of tax policies during the George W. Bush administration (2001-2009). This era saw significant tax reforms, including the creation of the Roth IRA and the extension of tax benefits for retirement savings. Utkus, as a leading expert in the field, was likely involved in shaping or commenting on these policies.\n\n**The Hidden Insight**\nThe quote reveals a counter-intuitive truth about the nature of tax policies: that some provisions, like the one Utkus is discussing, can actually increase tax revenue despite their seemingly favorable treatment. This paradox arises from the fact that participants in these plans are paying taxes today, rather than deferring them, which can have a positive impact on the budget.\n\n**How to Use This**\nIn today's professional landscape, this insight can be applied by considering the long-term fiscal implications of short-term tax benefits. When evaluating investment opportunities or tax strategies, don't just focus on the upfront costs or benefits; also consider how they will impact your tax obligations in the future.",{"currentPage":61,"totalPages":61,"totalItems":8,"itemsPerPage":62},1,10]