We have been hearing nothing but fiscal cliff and spending cuts lately is there a solution on the horizon? I don’t know when we will get past this but here are a couple of items that I hope do not get touched.

Employer-provided pensions, which allow companies to offer tax-deferred pensions and 401k’s could be a major target for savings. These accounts defer $163 billion in revenue that could help reduce the deficit. I would rather have that savings in my pocket – a 401k is the best way to save for retirement in my opinion.

Another cherished middle-class deduction is mortgage interest; this too is on the line. Nearly $100 billion a year. Taking away this deduction would also have a major negative impact on many people and industries, also, my opinion.

Please find out who your Congressmen & Senators are and write them regarding these issues.

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