Kent Conrad: “I was asking that we pay for these very worthwhile initiatives with a deficit-neutral reserve fund instead of using…”

If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.

What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.

If you had to reduce it to a word, I would reduce it to 'globalization.'

I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.