Automatic IRAs get mixed review from GAO

09/26/2013 | Financial Advisor online

Automatic individual retirement accounts could induce savings among employees without retirement plans, the General Accountability Office says, though it acknowledges that the increases would likely be moderate at best. The report from Congress' investigative branch also says tax-deferred IRAs would decrease government revenue by $1 billion annually.

View Full Article in:

Financial Advisor online

Published in Brief: