Groom principal and firm chair, David Levine, was quoted in the Law360 article, “4 Questions About Trump’s Retirement Savings Pitch,” where he commented on President Trump’s State of the Union announcement that his administration plans to give workers whose employers do not contribute to their retirement savings “‘access to the same type of retirement plan offered to every federal worker.’”
Responding to the first question in the article – “‘Same’ as Federal Workers’ Plan?” – Levine “said an immediate question from Trump’s announcement . . . was ‘what is this?’ given that there are several existing proposals and forthcoming changes to law that expand access to workers’ savings options.” Levine further commented, “‘My first thought is Saver’s Match; the most direct route is IRAs. Will there be more? We’ll have to see.’”
To read the article, click here.
