IRA'S
DOG GONE IT, PRESIDENT OBAMA WANTS EMPLOYERS TO OFFER IRA'S TO THEIR EMPLOYEES. THEY WOULD ENROLL AUTOMATICALLY UNLESS THE EMPLOYEE ELECTS OUT.
THIS SOUNDS GOOD EXCEPT FOR THE FOLLOWING: 1. OTHER INSTITUTIONS ALREADY PROVIDE THIS OPPORTUNITY. 2. IT CAUSES MORE OF A BURDEN ON EMPLOYERS, TIME, RECORD KEEPING, ADMINSTRATIVE BURDEN & ETC. 3. PROBABLY MOST IMPORTANT, EMPLOYEES CAN'T AFFORD & THEREFORE, DO NOT WANT TO CONTRIBUTE TO IRA'S.
MOST EMPLOYEES CAN'T AFFORD TO DEFER PART OF THEIR INCOME. THEY ARE HAVING A HARD ENOUGH TIME JUST PAYING THEIR BILLS.
IF YOU WANT TO HELP EMPLOYERS & EMPLOYEES WHY NOT MAKE CREDIT CARD INTEREST DEDUCTIBLE & LOWER THE THRESHOLD FOR MEDICAL EXPENSES. ALLOWING A GREATER AMOUNT FOR MEDICAL DEDUCTIONS WOULD BE A STEP IN THE RIGH DIRECTION.
TO READ MORE GO TO: http://ebn.benefitnews.com/news/obama-still-want-to-reform-health-care-retirement-savings-2682895-1.html?ET=ebnbenefitnews:e526:2078337a:&st=email
JUST GO TO http://WWW.URDOGGONEIT.COM & POST YOUR COMMENT.
http://www.TheUSMortgageSolutions.com/2
Posted by dushanu
at 3:54 PM EST
Updated: Sunday, 31 January 2010 4:26 PM EST