Legislation recently introduced by Rep. Richard Neal, D-MA, ranking member of the House Ways and Means Committee, proposes what may be the most aggressive retirement policy to date.
The Automatic Retirement Plan Act of 2017 requires all private sector employers with more than 10 employees to offer a defined contribution retirement plan.
While the idea may sound like a progressive pipedream, Melissa Kahn, managing director of retirement policy at State Street Global Advisors, says it is anything but.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
