TITLE

GATTCHA! GATT MAKES IT HARDER TO SAVE FOR RETIREMENT

AUTHOR(S)
Boone, Norman M.
PUB. DATE
October 1995
SOURCE
Journal of Financial Planning;Oct95, Vol. 8 Issue 4, p168
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
When Congress passed legislation enabling America to sign on to the General Agreement on Tariffs and Trade, it slipped in some little-noticed provisions affecting qualified retirement plans. This article outlines those provisions and how the author believes they will significantly restrain future benefit increases for both defined-benefit and defined-contribution plans. The article also explains how the Retirement Protection Act aims to strengthen the federal Pension Benefit Guaranty Corporation which backs pension plans.
ACCESSION #
5560800

 

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