Tag: Orrin Hatch

The proposed legislation could boost lifetime income options in defined-contribution plans. It is great to see the re-emergence of the Retirement Enhancement and Savings Act (RESA) jointly sponsored by Orrin Hatch (R-UT) and Ron Wyden (D-OR). This proposed legislation mirrors a proposal that was approved by the Finance Committee in 2016 but died when Congress…

Candidly, I am not looking for more issues upon which to take a position. But my friends at the Urban Institute strongly support and my friends at the Pension Right Center strongly oppose Senator Hatch’s proposal for a SAFE Retirement Plan whereby public pension plans turn over the assets of their employees to insurance companies,…