Obama falls short: We’ll need much more to fix our catastrophic inequality Excerpt: “Brian Graff, CEO of American Society of Pension Professionals & Actuaries, who has spoken with Treasury about the president’s retirement plan, shared his view with Politico: “It’s not what I would describe as an earth-shattering move.” You can say that again.”
USA Today: Obama stumps for minimum wage hike, retirement plan
Obama stumps for minimum wage hike, retirement plan Excerpt: “Brian Graff, CEO of the American Society of Pension Professionals and Actuaries, said the myRA is a “modest proposal” that would require voluntary cooperation from the businesses involved. It may be something of a down payment on a more ambitious plan to require all businesses to… Continue reading
Washington Post: Obama’s MyRA program seen as a modest first step to get people saving for retirement
Obama’s MyRA program seen as a modest first step to get people saving for retirement Excerpt: “In reality, households making more than $200,000 only get 17 percent of the tax benefits from 401(k) plans, while middle-income households enjoy the majority of such tax benefits,” said Brian Graff, executive director of the American Society of Pension… Continue reading
Bloomberg Businessweek: Savings Plans for Low-Income Workers Ready by Year-End, Lew Says
Savings Plans for Low-Income Workers Ready by Year-End, Lew Says Excerpt: “This isn’t earth-shattering stuff,” said Brian Graff, chief executive officer of the American Society of Pension Professionals & Actuaries. “But it is a step in the right direction to get more people saving for retirement, which I would think is a bipartisan issue.” “I… Continue reading
POTUS Attacks Tax Incentives for Retirement; ASPPA’s CEO Responds
ASPPA CEO/Executive Director Brian Graff issued the following statement in response to President Obama’s attack on the tax incentives for retirement savings in his State of the Union Address. “It is extremely unfortunate that while promoting the importance of retirement savings in the State of the Union, President Obama chose to attack the 401(k) plan,… Continue reading
Politico: State of the Union 2014 Obama touts ‘MyRA’ retirement savings proposal
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
Bloomberg: Obama Offers Retirement Savings Plan for Workers Lacking 401(k)
Obama Offers Retirement Savings Plan for Workers Lacking 401(k) “…This isn’t earth-shattering stuff,” said Brian Graff, the chief executive officer of the American Society of Pension Professionals & Actuaries. “But it is a step in the right direction to get more people saving for retirement, which I would think is a bipartisan issue…” “I don’t… Continue reading
Plan Consultant Magazine Releases Winter Issue; Protecting Your Retirement Egg
Arlington, VA (January 17, 2014)-As the economy slowly recovers from recession, many retirement industry professionals are strategizing to improve financial security for their plan participants while attempting to maintain strong returns on investments. It’s a fine line to walk when balancing security and returns, and plan sponsors have to be well-informed to maximize both, improve… Continue reading
The Wall Street Journal: Rep. Camp Weighs Expanding Use of Roth Savings Accounts
Rep. Camp Weighs Expanding Use of Roth Savings Accounts Excerpt: “But supporters could argue that switching more savings to Roth-style accounts would ultimately produce more dollars for beneficiaries, at a time of concern about many Americans’ meager savings. That could be preferable to other changes that would harm Americans’ ability to save, said Brian Graff,… Continue reading
In the War to Protect Public-Sector Retirement, Only One Organization Occupies the Front Lines
The National Tax-deferred Savings Association (NTSA) is proud to announce its new name today as a way to better define its core mission and enhance the brand in state capitals across the country. Formerly the National Tax Sheltered Accounts Association (NTSAA), NTSA’s core mission remains the same: to ensure the health and sustainability of America’s… Continue reading