Political Quotes

Don Nickles: “I believe that employers should be allowed to require employees to contribute 1 percent of their 401(k) contributions to…”

On the recordJune 27, 1997
I believe that employers should be allowed to require employees to contribute 1 percent of their 401(k) contributions to company assets. However, as a member of the Finance Committee and possible conferee on this bill, I will urge my colleagues not to increase the 1-percent cap.
Said by
Don Nickles
Oklahoma

Editor's note · Context

Discussing amendments related to employee contributions to 401(k) plans during Senate debate.

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