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.
Discussing amendments related to employee contributions to 401(k) plans during Senate debate.
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I want to compliment Senator Grassley and Senator Baucus, and, frankly, all the conferees, for their work on this bill. There was a lot of work that went in on this bill. This bill has a lot of good provisions, and in this Senator's…
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