Retirement Crisis in America Al Jazeera America May 14th, 2014 *click the image or hyperlink to view the interview and feature story
ASPPA’s Graff Blasts Rubio’s Retirement Proposal
Excerpt: “Though Rubio is attempting to confront the widespread problem of saving too little for retirement, his proposed solution is not addressing the cause of the issue, says Brian Graff, CEO of the American Society of Pension Professionals and Actuaries. “It’s surprising, in a word, from a Republican,” Graff says of Rubio’s proposal. “It sounds… Continue reading
Fiduciary News Exclusive Interview: Brian Graff Blasts Stupid Retirement Suggestions from Capitol Hill
Excerpt: “FN: At the NAPA Summit in New Orleans recently, you got into a debate with Teresa Ghilarducci about her idea to require all 401k plans to include index funds. Can you give us a recap of her position and why you disagree with it? [For background, readers may be interested in reviewing “Does the… Continue reading
Ignites: Tax Overhaul Would Hurt 401(k)s
Tax Overhaul Would Hurt 401(k) s: Retirement Industry (Note: subscriber only content) Excerpt: “Industry groups, including the American Society of Pension Professionals & Actuaries, the Investment Company Institute, American Benefits Council and Insured Retirement Institute, issued statements after Camp’s introduction of the proposal last week. A 10% surtax on plan contributions for high-income workers would… Continue reading
Obama’s 2015 Budget Is a House of Cards
The following is a statement from Brian H. Graff, Executive Director/CEO of the American Society of Pension Professionals & Actuaries (ASPPA) in response to the proposed fiscal year 2015 budget President Barack Obama released today: “Unfortunately, this year’s budget proposal includes the same wrong-headed attacks on employer-sponsored retirement plans as last year. The double tax… Continue reading
Fox Business, Money with Melissa Francis (live): Saving for retirement in the worst-case scenarios
Saving for retirement in the worst-case scenarios ASPPA’s CEO, Brian Graff appeared on FBN’s Money with Melissa Francis to talk about various scenarios in which individual retirement accounts could be injured if Chairman Camp’s tax reform proposal was passed into law.
ASPPA Denounces Double Taxation in Rep. Camp’s Tax Reform Proposal
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
Fiscal Times: 6 Reasons myRAs Won’t Ease the Retirement Crisis
6 Reasons myRAs Won’t Ease the Retirement Crisis Excerpt: “…require someone whose company doesn’t have any retirement plan to go to their employer and say she wants to do this, and then the employer would have to say ‘OK’ and put it in place,” says Brian Graff, executive director and chief executive officer of the… Continue reading
Financial Times: Don’t Curb ‘Death Master File’ Access for 401(k)s
ICI: Don’t Curb ‘Death Master File’ Access for 401(k)s Excerpt: “The Department of Commerce seems to intend for access to continue as groups go through the certification process, says Judy Miller, director of retirement policy at the American Society of Pension Professionals & Actuaries, another signatory to the letter. “But [the department’s intention] wasn’t clear,”… Continue reading
San Francisco Chronicle: MyRA for workers whose employers don’t offer retirement plan
MyRA for workers whose employers don’t offer retirement plan Almost 72 percent of workers earning $30,000 to $50,000 who are offered a workplace retirement plan participate, whereas only 5 percent without a workplace plan open an IRA, according to a study cited by the American Society of Pension Professionals & Actuaries. {break} Brian Graff, chief… Continue reading