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Sen. Orrin Hatch Outlines Priorities for Pension Reform and Retirement Savings
Committee on Finance, U.S. Senate Link to more items from this source
Dec. 15, 2014
"Many aspects of the U.S. income tax system discourage savings and investment by individuals, thereby hindering long-term growth. Tax reform should result in a tax system that actually encourages people to save and invest.... We have spent a lot of time in recent years defending the gains we have achieved in the 401(k) system. But in 2015 we can, and in my opinion should, go on offense. Toward that end, we must encourage employers who don't sponsor plans to set them up.... I believe the Starter 401(k) plan in my legislation could help to revolutionize retirement savings for employees of small businesses throughout the country."

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