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
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.
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
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
Do you know what’s wrong with your 401(k)? Excerpt: “Experts also say that good advice is personalized and customized. And one way of telling whether the advice personalized is “if the adviser asks questions about (your) situation whether online, on phone, or in person,” said Fred Barstein, the founder and the CEO of the Retirement… Continue reading
State of the Union 2014: Obama touts ‘MyRA’ retirement savings proposal Excerpt: “Brian Graff, CEO of American Society of Pension Professionals & Actuaries, said that under the plan, workers would be able to deduct a percentage of their paycheck to purchase the new Treasury bonds. Once the worker has invested enough money in the bonds,… Continue reading