Despite what you'll continue to hear during the pre-election cycle, America's employees are indeed deeply vested in workplace retirement plans, with only more growth on the horizon.

ASPPA has released a new information package outlining "the real facts on 401(k) plans," which contains some stats giving further weight to the importance of the popular defined contribution mechanism.

It's also a clear statement on the organization's behalf showing concern that the Obama administration's proposed changes to tax structures for retirement planning could indeed backfire and lead to less participation by lower-income workers.

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
NOT FOR REPRINT

© 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.