A busy week for federal recognition of problems with America's retirement system has brought another proposal, pushing for retirement plan-friendly changes to the tax code.
Brian H. Graff, CEO and executive director of ASPPA, weighed in with the organization's support for the so-called "Sense of the Congress" resolution filed Thursday by Congressmen Jim Gerlach (R-Pa.) and Richard E. Neal (D-Mass.).
"ASPPA applauds the more than 100 Members of Congress from both sides of the aisle who have voiced their support for the employer-based retirement system by co-sponsoring the 'Sense of the Congress' Congressmen Gerlach and Neal filed today," Graff said, in a statement. "The resolution recognizes that current tax incentives for retirement savings have been successful at helping American workers save for a financially secure retirement, and that retirement savings tax incentives should play an important role in any reformed tax code.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.