Browsing Tag
Government Accountability Office (GAO)
18 posts
Action Needed Now on Social Security Reform: GAO
New report explores various options policymakers could employ to shore up program’s troubled finances
Back to the Future: Conduit (Roth) IRAs
Before “dashboards,” GAO should embrace the Conduit (Roth) IRA—A superior solution for consolidating retirement savings
Divide Doubles Between High, Low-Income Worker Retirement Account Balances
GAO report says lawmakers concerned current tax incentives heavily favor wealthy savers after report finds gap in account balances more than doubled from 2007-2019
GAO Asks DOL to Focus on 403(b) Plans
The report looks at improvements that Department of Labor could make in supporting ERISA and non-ERISA 403(b) plans
Powerful Congressman Wants 401k Crypto Answers
'This is an extremely troubling precedent...'
4 in 10 Participants Don’t Understand 401(k) Fees—Or Know They Even Pay Them
Almost 40% of 401(k) plan participants do not fully understand and have difficulty using the fee information that…
Concern Over ‘Certain’ TDF Risks Prompt Congressional Request for GAO Review
Concern over “certain aspects” of target-date funds prompted Chairs of two congressional committees to send a letter to…
GAO to DOL: ‘Provide 401k Cybersecurity Guidance’
Cybersecurity risk in 401k accounts is a growing problem, and now the Government Accountability Office (GAO) is telling…
Sanders Bill Seeks to Limit Executive Retirement Plans
Executive retirement plans are the latest tax break for the wealthy to draw the attention of Bernie Sanders.…
How to Reduce Early Withdrawals from 401ks
Most retirement professionals do their best to discourage people from taking early withdrawals, but occasionally, circumstances arise where…