The U.S. Treasury is strongly considering offering bonds to help workers whose companies don't offer retirement plans save for their later years.
The bonds are on the front burner of ideas, Assistant Secretary Mark Iwry told attendees of the Women's Institute for a Secure Retirement annual symposium in Washington, D.C.
He added that they would have tax benefits similar to IRAs and that when enough money was saved via the bonds, those dollars could be rolled into an IRA.
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.