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Amy Resnick
Verified
Chief Information Officer, Plan Sponsor
New York
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Content
By Amy Resnick|Plan SponsorVerifiedRepresentative Lloyd Smucker, R-Pennsylvania, reintroduced on April 7 the Retirement Savings for Americans Act, which would offer federally run retirement savings accounts for low- and middle-income workers who do not have access to an employer-sponsored retirement plan. If passed, the Department of the Treasury would administer the program, which would offer matching contributions of up to 5% via a 1% automatic contribution and a tax credit match of up to 4%.
By Amy Resnick|PLANADVISERVerifiedJulie Su, acting secretary of labor in the Biden administration, wrote in a recent column that cuts being made by the Trump administration and the Department of Government Efficiency Service Temporary Organization are putting workers, and retirement and benefit plans, at risk. Su, who is now a senior fellow at The Century Foundation, published an article on April 3 discussing the DOL’s accomplishments during Biden’s tenure.
By Amy Resnick|Plan SponsorVerifiedRepresentative Lloyd Smucker, R-Pennsylvania, reintroduced on April 7 the Retirement Savings for Americans Act, which would offer federally run retirement savings accounts for low- and middle-income workers who do not have access to an employer-sponsored retirement plan. If passed, the Department of the Treasury would administer the program, which would offer matching contributions of up to 5% via a 1% automatic contribution and a tax credit match of up to 4%.
Company Info
Plan Sponsor
PLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability to reach this influential audience.
New York, United States
+1 203-595-3276