Bulletin Item: Budget Proposal Includes Sweeping Pension Changes
President Bush has proposed important changes to the types of retirement accounts available to American workers. The changes are designed to make retirement savings simpler and more attractive. The president proposes to create Employer Retirement Savings Accounts (ERSAs), which would streamline, consolidate, and simplify the maze of employer-sponsored plans, including 401(k), SIMPLE 401(k), 403(b), and […]