Excerpt: The Super Simple plan would (1) create solid minimum levels of employer contributions for low- and moderate-income workers; (2) include automatic contribution features for employees who do not formally opt out; (3) remove many of the complex discrimination rules surrounding retirement plans; (4) create a significant government match for savers to replace the largely symbolic match now in existence for only a few taxpayers; and (5) streamline today's multiple 401(k)-type plans through a simple plan design attractive to employers and employees alike.

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