Word: nationalizes
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...have even peeked at your account statements in the past year, it's painfully obvious that something is wrong with the way we save. The tax-deferred 401(k) plan, and others like it, such as the 403(b) and the IRA, have become our nation's go-to retirement piggy bank. Invented nearly 30 years ago as an executive perk - one more way to dodge Uncle Sam - the 401(k) was never meant to replace the employer-guaranteed pension fund, supplemented by Social Security, as the cornerstone of our nation's retirement system. But propelled by a combination...
...that didn't offer 401(k)s would be automatically enrolled in savings accounts. In other words, make inertia work for employees, not against them. However, a number of economists and policy experts think that while those changes would help, upgrading the 401(k) alone won't save the nation's retirement-savings problem. (See pictures of the recession...
...guaranteed accounts don't have to be run by the government. The ERISA Industry Committee (ERIC), a group that represents the nation's largest employers, has proposed a system of exchanges that would allow individuals the ability to buy a guaranteed retirement account on their own. Some government regulation would be needed, but it would be a private plan...
...United States traveled exclusively between the 100 largest metropolitan areas. Another 29.9% of passengers traveled through one of the 100 largest metropolitan areas at some point in their trip. In sum, 98.8% of all passengers in the most recent twelve months passed through at least one of the nation's 100 largest metropolitan areas. In the U.S., air travel is clearly a large metropolitan phenomenon." (See photos of protests against Heathrow Airport's expansion...
...known for his extensive clout in the City’s planning and development. A recent feature in the Boston Globe, noting that Menino’s support is often crucial to a project’s success, stated that “perhaps nowhere else in the nation, has a mayor obsessed so mightily, and wielded power so exhaustively” over such matters...