The US Senate Finance Committee is expected to recommend a bill that boosts revenue in part by raising taxes on money saved for retirement.

"The Senate Finance bill would require taxes to be paid on the account as if it were fully distributed within five years of the account holder’s death. There would be hardship exceptions for certain beneficiaries, including special-needs children. The proposal would raise about $4.6 billion over the next decade."

The House bill does not contain the retirement tax provisions.

Here is a link to the WSJ article: http://blogs.wsj.com/washwire/2012/0...irement-money/