Article
Federalism of Personal Finance: State & Federal Retirement Plans
Seattle University Law Review
(2018)
Abstract
In this Article, I consider possible approaches that attempt to improve the plans through which millions of Americans tend to their life savings. I begin by considering the inadequacies of our current system of defined contribution accounts and then address two possible alternatives: the first being a federal account universally available to Americans based largely on the model of the Thrift Savings Plan; the second being a system of statebased retirement accounts like those that have already been developed in a handful of states. Though I conclude that a single, federal plan would be superior, either alternative approach would be an improvement over our current system.
Keywords
- savings,
- Thrift Savings Plan,
- statebased retirement accounts,
- business organizations law
Disciplines
Publication Date
2018
Publisher Statement
https://digitalcommons.law.seattleu.edu/cgi/viewcontent.cgi?article=2503&context=sulr
Citation Information
William Birdthistle. "Federalism of Personal Finance: State & Federal Retirement Plans" Seattle University Law Review Vol. 41 Iss. 2 (2018) p. 367 - 385 ISSN: 2474-6975 Available at: http://works.bepress.com/william_birdthistle/28/