A world of investing for retirement™
Aiming to demonstrate “better ways to promote saving,” the Brookings Institution has touted a retirement incentive reform proposal that could, ironically, reduce access to workplace savings — especially among low-to-moderate income Americans. The proposal calls for “capping” tax breaks for … Continue reading
While millions of Americans are saving for retirement through employer-sponsored savings plans, nearly half of the nation’s workforce still does not have access to a plan at work. Federal legislation to address this coverage gap was introduced in Congress more … Continue reading
Many challenges face America’s retirement system including a demographic transition to an aging population, implementing enhancements to the defined-contribution system, and the need to expand access to retirement savings plans for millions of workers who are not currently offered workplace … Continue reading
By Robert L. Reynolds President Roosevelt’s Social Security program has been an undeniable success in providing a reliable income safety net for generations of elderly citizens in our country. It was bold policy in the 1930s, guided by common sense … Continue reading
Adapted from a speech delivered by Robert L. Reynolds to the Financial Services Roundtable Conference, Washington, D.C., May 9, 2012. A Call to Action on Retirement Security
Excerpted from a statement submitted by Robert L. Reynolds to the House Ways and Means Committee to be part of the record of the April 17, 2012 Hearing on Tax Reform and Tax-Favored Retirement Accounts. Surging federal deficits and a … Continue reading
Though it is not easy to save, we believe retirement savings is the key to our national fiscal puzzle. America needs to transition away from soaring public and private spending, leverage, and debt-fueled excess. The solution is a revitalized economic … Continue reading
Efforts to address national solvency in the United States have created new challenges for our retirement savings system. Seeking to cut federal spending, some congressional budget hawks have identified retirement savings tax deferrals as “tax expenditures.” One of the most … Continue reading
Today, policy challenges facing national solvency are inextricably linked to those facing personal solvency, especially in the pursuit of adequate income in retirement. Even as we try to get long-term deficits under control, we anticipate strong downward pressure on the … Continue reading
Adapted from remarks delivered by Edmund F. Murphy III, Head of Defined Contribution, Putnam Investments, at the “FS University,” organized by the Financial Services Roundtable in Washington, D.C.