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|Generations Will Feel Pension Act Differently|
The Washington Post; subscription may be required
Aug. 21, 2006
Excerpt: Experts who have studied the 900-page legislation say that different age groups benefit in different ways. For example, they say the new law is designed to spur younger workers to save more so they will have something to retire on. For these employees, the law provides incentives to save earlier and more often, and in sounder ways. Meanwhile, middle-aged and older workers will gain more from efforts to stabilize traditional defined-benefit plans.
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