Sentences with phrase «responsibility of retirement savings»

When congress passed this law, it shifted the responsibility of retirement savings from the employer to the employee, giving individuals more control over their savings.

This law passed the responsibility of retirement savings from the employer to the employee, meaning you have the right to use your retirement savings as you see fit — within reason.

Not exact matches

While «opting in» requires making a choice that will put more of the responsibility for long - term savings on the members» shoulders, «it starts to cause them to learn how to contribute to their future, their own retirement,» said John Bird, senior vice president of military affairs at USAA, a financial services firm that works with about 12 million current and former members of the U.S. military and their families.