The Road to Retirement
Senate Resolution Supports America’s
Employer-based Retirement System
While fiscal cliff negotiations are putting tax incentives for retirement savings on the front line, eleven members of congress voiced their support for the employer-based retirement system by co-sponsoring the ‘Sense of the Congress’ resolution introduced December 6 by Senators Blumenthal (D-CT) and Isakson (R-GA).
The Senate resolution recognizes that current tax incentives for retirement savings have been successful in 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.
The Road to Retirement infographic below explains how the current retirement system encourages small business owners to sponsor plans that power American workers’ retirement savings.
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Category: Washington Update
