Guarenteed Retirement Account Bailout (G.R.A.B.)
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Monday, May 18, 2009
The SPARK Institute Defends 401(k) Plans, Recommends Changes to Increase Coverage and Participation
The SPARK Institute Defends 401(k) Plans, Recommends Changes to Increase Coverage and Participation: "The SPARK Institute today issued a white paper, 'The Case for Employer-Sponsored Retirement Plans - Coverage, Participation and Retirement Security,' that defends 401(k) and similar workplace retirement plans that have been criticized recently based on misunderstandings and misconceptions. '401(k) plans are the best vehicles for saving for retirement, however, improvements can be made and our paper makes a number of recommendations,' said Larry Goldbrum, General Counsel of The SPARK Institute. The white paper is available at www.sparkinstitute.org/comments-and-materials.php."
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