Tag: retirement plan access
Suddenly the line is that 80 percent have a plan. It is not clear quite why it’s happening, but op-eds, articles, and conferences are out to show that the employer-sponsored pension system is fine. I suspect that the financial services industry is worried about changes in the favorable tax provisions awarded retirement saving, and hav…
It aims to ensure that nearly all workers have access to an employer-based retirement plan. Days after the President introduced the administration’s myRA proposal in his State-of-the-Union speech, Senator Tom Harkin (D, IA) introduced his Universal, Secure, Adaptable (USA) Retirement Funds Act. Both initiatives are aimed at providing coverage for those without an employer-sponsored retirement…