Oct 17, 2017
As lawmakers get closer and closer to tax reform – and have to find a way to pay for it – it is becoming increasingly likely that they will seek to alter the tax incentives supporting workplace retirement savings. Bob Reynolds, president and CEO of Great West Financial and Putnam Investments, sees this as a dangerous and counter-productive change to our national retirement savings policy.
Reynolds’ new book, From Here to Security, describes the history and strengths of the 401(k) savings system and makes the case for building on that system by making wise policy decisions to enhance their effectiveness. In this episode, he talks with host Jason Hammersla about workplace coverage challenges, the power of automatic features and other opportunities to strengthen the system.