Expanding Ownership of Retirement Assets: Tax relief signed into law by President Bush raised contribution limits for IRAs and 401(k) accounts, enables “catch up” contributions for older workers and moms that took time off to raise their kids. In addition, the President has proposed voluntary personal accounts for younger workers that they control.
Creating a Society of Stakeholders: President Bush supports the creation of personal accounts that encourages savings through matches for low-income Americans into accounts that would grow tax-free.
Fair Retirement Opportunities: President Bush is working for equal retirement opportunities for both senior executives and rank and file workers; precluding senior executives from selling company stock during times when workers are unable to do so.
You Control Your Money: The President’s proposals would ensure that workers can sell company stock and diversify into other investment options, minimizing their risk.
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