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NTSA Denounces Chairman Camp’s Tax Reform Bill

February 28, 2014

Chris DeGrassi, Executive Director of the National Tax-deferred Savings Association (NTSA) issued the following statement in response to tax reform legislation unveiled by the United States House of Representatives Ways and Means Committee Wednesday: “This legislation is being touted by Chairman Dave Camp (R-MI) as a comprehensive simplification of the tax code, but it threatens… Continue reading

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ASPPA Denounces Double Taxation in Rep. Camp’s Tax Reform Proposal

February 27, 2014

ASPPA CEO/Executive Director Brian Graff issued the following statement in response to the double taxation of retirement savings in the tax reform proposal unveiled by House Ways and Means Committee Chairman Dave Camp: “Chairman Camp’s tax reform proposal would subject all retirement plan contributions to the 10% surtax. The result is double taxation of these… Continue reading

Study Shows Retirement Savings Could Plummet In a Debt Ceiling Standoff

October 10, 2013

New research published by the American Society of Pension Professionals & Actuaries (ASPPA) shows that if Congress and the Administration fail to raise the debt ceiling, American workers’ 401(k) account balances could fall by more than 20%. “As if the uncertainty of this all too familiar crisis weren’t enough for America’s workers and retirees, the… Continue reading

ASPPA Applauds SAFE Retirement Act Provisions

July 10, 2013

ASPPA applauds Senator Orrin G. Hatch (R-UT), ranking member of the Senate Finance Committee, for introducing The SAFE Retirement Act of 2013, with meaningful proposals to build on the success of the employer-based private retirement system.

A ‘Blank Slate’ for Tax Reform Puts Workers’ Retirement at Risk

June 27, 2013

ASPPA’s Brian Graff responds to a tax reform proposal that would throw out the tax code and start with a blank slate .

Takeaways from the Latest Washington Update

June 6, 2013

Judy Miller provides an update on retirement related legislative and regulatory activities in Washington to the ACOPA Advanced Actuarial Conference.

ASPPA Urges Lawmakers to Oppose 401(k) Tax

April 22, 2013

ASPPA CEO Brian H. Graff, comments on a provision in the proposed Marketplace Fairness Act that would harm retirement plans.

Tax Reform Should Not Harm Main Street’s Retirement Plan

April 19, 2013

Brian H. Graff, CEO of ASPPA talks about new research estimates that show retirement tax incentives benefit American workers.

Coalition to Protect Retirement Strongly Supports Sense of the Congress Resolution on Retirement Savings

April 16, 2013

ASPPA joins the Coalition to Protect Retirement in support of the bipartisan Sense of the Congress resolution to maintain current incentives for retirement savings.

Obama Budget Slams Small Business Retirement Plans

April 10, 2013

“We were very concerned when last year’s budget included a double tax on contributions to 401(k) plans. Small business owners earning over $250,000 would have to pay tax on contributions in the year the contributions are made then pay tax at the full rate when contributions are distributed at retirement. We were hoping this misguided proposal would be eliminated in this year’s budget, but instead the Administration has kept the double tax proposal, and added another penalty for retirement savings.