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According to a recent Fact Sheet released by the White House, President Obama is calling for tax reforms that would include provisions for retirement. At his 2015 State of the Union Address, he referenced his plan to expand access to retirement savings options for middle-class workers. Whether you support the President’s plan or agree with his opponents, one thing is certain - our country is facing a retirement crisis.
Like many of our colleagues in the financial and retirement world, PAi has been carefully monitoring these developments. Regardless of the outcomes of these reforms, our vision remains unchanged – a world where workers own their own retirement. We will continue to focus on providing quality care to our customers and creating solutions, such as our Co-Pilot 401(k), that help make retirement readiness a reality for all workers. Regardless of politics, the fact that we are having this conversation at a national level is an important step in the right direction.