RSSRetirement security efforts eyed
From: The Washington Times | January 29, 2010
President Obama is launching an effort to help Americans save more for retirement, hoping a government nudge or two can get them to do what many are unable to do on their own. The package includes programs to guarantee all workers access to a retirement plan through their jobs; expand the tax credits that reward saving for retirement; and tighten 401(k) regulations to make them safer and more efficient. Most of the proposals have broad support at a time when retirement security is increasingly in jeopardy. Pensions are rapidly disappearing, 401(k) balances have taken hits and nearly half the work ...
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