Congressional Democrats are pushing a new bill to make it easier for workers to sock money away in retirement accounts.No word yet on when the Democrats are going to force you to buy a mandatory gym membership because exercise is a good thing.
Sen. Sheldon Whitehouse (D-R.I.) and Rep. Richard Neal (D-Mass.) said Thursday that they were introducing legislation that would set up automatic payroll deductions for contributions to Individual Retirement Accounts.
Whitehouse and Neal called the measure a win-win, by increasing retirement savings by an estimated $8 trillion a year and offering employers tax breaks for setting up the automatic accounts.
Saturday, January 24, 2015
Dems push automatic IRA bill
The Hill reports:
