On the recordSeptember 6, 2016
We have got to deal with these demographic realities.
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congress.govWe have got to deal with these demographic realities.
Conrad emphasizes the need to address demographic changes in policy planning.
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What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
People are smart, and if you just share with them the basic information, a lot of people will make a good decision.
It is really very important. You know, what so make stakeholders told us is you have got to broaden this thing out.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.