Don’t Break Our Thriving 401(k) System, Groups Urge Government
Wharton’s Olivia Mitchell weighs in on a study by three benefits groups calling 401(k)s a success and telling tax reformers to stay away.
Members of ‘Gang of Six’ Warn About Fiscal Cliff at SIFMA Conference
At SIFMA’s annual meeting, Sens. Saxby Chambliss, R-Ga., and Mark Warner, D-Va., discussed the fiscal cliff and America’s future competitiveness in the global marketplace.
Social Security Reform Proposal From 2010 Gets Second Look
Following the supercommittee’s failure to make recommendations on how to reduce the deficit, the Urban Institute released on Monday a paper analyzing the potential effects of the Commission’s recommendations should they be enacted.
Deficit Tax Proposals Would Radically Change 401(k)s: EBRI
If enacted, two major tax-reform proposals aimed at shrinking the federal deficit would reduce 401(k) plan contributions and likely send retirement account balances tumbling, according to the nonpartisan EBRI.
Bowles, Simpson Warning: Deficit Committee Must Cut More Than $1.2 Trillion
The two co-chairmen of the National Commission on Fiscal Responsibility and Reform warned lawmakers on Tuesday that any deal to reduce the federal budget deficit by no more than $1.2 trillion would “merely delay” the nation’s fiscal problems.
Washington Contemplates Severe Cap on 401(k) Contributions
Do we really want to discourage retirement savings as Social Security continues its inexorable slide toward insolvency?