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National Press Club

Modifications to the Retirement Saving System

December 19, 2008

About This Video

Run time: 62 minutes

Paul Schott Stevens talked about proposals to modify America's retirement saving system in response to current market conditions, and new research on Americans' attitudes toward 401(k)s. Mr. Stevens released a white paper based on the Investment Company Institute's survey research, in which Americans indicated that they believe in the 401(k) system and reject proposals to change the tax or investment approach to 401(k)s. Mr. Stevens responded to questions from the reporters in the audience.