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Don’t leave working Americans in the dark on retirement savings

(By – Rep. Earl L. “Buddy” Carter [R-Ga.])

Having owned and operated community pharmacies for nearly thirty years, I take pride in having provided my employees with the tools they needed to achieve financial independence. One of the most important tools in this effort were retirement investment plans so they could save to retire comfortably.

Unfortunately the Obama administration is now taking steps threatening the ability for small businesses to provide their employees with this vital resource.  If the administration gets its way, many more employees will not have a retirement plan at work and will have to save on their own  by either paying unreasonable fees or getting their retirement advice online without one-on-one assistance.  Experts estimate Americans stand to lose $80 billion in retirement savings annually due to the rule.    Read more…

 

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