Investors willing to take additional risk might also consider leaving their current 401(k) savings in a target-date fund, but direct all new contributions into a domestic equity fund or international stock fund to boost returns, says Michael Francis, president of Francis Investment Counsel, a consulting firm specializing in retirement plans.

WSJ: 'Target' Funds Still Missing the Mark on Returns

College tax credits, tax deductions for charitable contributions, mortgage interest, home equity loan interest, and other popular write offs will likely be reduced or eliminated.

FORBES: The No-Pain, No-Gain Economy

We included only contributions from commercial banks, the securities and investment industry (which includes private equity companies, hedge funds and venture capital firms) and finance and credit card companies.

FORBES