Robert Pozen Discussing “Creating a Third Type of Retirement Plan”

Guest Speaker

Robert Pozen
on

Creating a Third Type of Retirement Plan

Friday, April 7th, 2017

12:00 p.m. – 1:00 p.m.

RSVP

  Location:
AARP
601 E Street NW
Washington, DC 20049

Featured Guest:

Robert Pozen is a Senior Lecturer at the MIT Sloan School of Management. He is also a Senior Fellow at the Brookings Institution. He has extensive experience in business, government and journalism. Bob was executive chairman of MFS Investment Management from 2004 to 2011; during this period, the assets of MFS more than doubled from a starting point of $130 billion. From 1987 through 2001, he served in various positions at Fidelity Investment. During his tenure as President of Fidelity Management and Research, from 1997 thru 2001, the assets of the Fidelity Funds rose from $500 billlion to $900 billion. Bob served as Associate General Counsel of the SEC in the late 1970s, and Chairman of the SEC’s Advisory Committee on Financial Reporting in 2007-2008. He was a member of the President’s Commission to Strengthen Social Security, and served as Secretary of Economic Affairs under Massachusetts Governor Mitt Romney. Bob has taught at Georgetown and NYU as well as Harvard and MIT. He has published seven books, mainly on financial issues. His latest book, Extreme Productivity: Boost Your Results, Reduce Your Hours, was #3 on Fast Company’s list of best business books for 2012. In addition, he often writes editorials for the Financial Times, The Washington Post and The Wall Street Journal.

Peter Brady on ​”Using Tax Panel Data to Examine the Transition to Retirement”​

Guest Speaker

Peter Brady
on

​”Using Tax Panel Data to Examine   the Transition to Retirement”​

Tuesday, March 28th, 2017

12:00 p.m. – 1:00 p.m.

RSVP
Location:
Tax Foundation
1325 G St. NW
Washington, DC 20005

Featured Guest:

Peter Brady is is a Senior Economist in the Retirement and Investor Research Division at the Investment Company Institute (ICI). At the Institute, Mr. Brady focuses on pensions, retirement savings, and the taxation of capital income. Peter’s current research is focused on measuring changes in income in retirement and the tax treatment of retirement savings. His prior research includes work on retirement adequacy, replacement rates, pension coverage, and trends in pension income. Mr. Brady is currently President of the National Tax Association and is a member of the SOI Consultants Panel (for the Internal Revenue Service, Statistics of Income Division). Prior to joining the Institute, Mr. Brady worked as a financial economist in the Office of Tax Analysis at the U.S. Department of Treasury and, prior to working at the Treasury Department, as a staff economist in the Research Division at the Federal Reserve Board. Mr. Brady is a graduate of St. Lawrence University and holds a Ph.D. in economics from the University of Wisconsin.

Gary Burtless Discussing “What growing life expectancy gaps mean for the promise of Social Security”

LUNCH FORUM
Wednesday, February 22nd
with Gary Burtless, Senior Fellow at Brookings Institute discussing “The Growing Longevity Gap between Rich and Poor and Its Impact on Redistribution through Social Security”
Wednesday, February 22nd
Noon – 1:00 p.m.
Location:  
NFIB
1201 F St. NW
#200
Washington, D.C. 20004

Gary Burtless is a senior fellow and holds the John C. and Nancy D. Whitehead Chair in Economic Studies at the Brookings Institution in Washington, DC. He does research on issues connected with the income distribution and poverty, public finance, aging, labor markets, social insurance, and the behavioral effects of government tax and transfer policy.

Nadia Karamcheva Discussing “Trends in Family Wealth, 1989 to 2013”

LUNCH FORUM
Join us on Wednesday, January 18th at Noon
with Nadia Karamcheva of CBO discussing “Trends in Family Wealth, 1989 to 2013” in the United States”
Wednesday, January 18th
Noon – 1:00 p.m.
Location:  Cato Institute
Washington, D.C. 20005

Nadia Karamcheva is an economist at the Congressional Budget Office (CBO) in Washington DC. Prior to joining CBO, she worked as a research associate at the Urban Institute. Her research interests span a broad range of topics in labor economics and applied econometrics, with emphasis on retirement and the economics of aging. Her current work explores policy relevant topics related to Social Security, private pension plans, and labor force participation and savings behavior of older adults.

She has a Ph.D. in Economics from Boston College, an M.A. in Economics from the same university and a B.A. in Economics and Business Administration from the American University in Bulgaria.

Reforming the GSEs and Injecting Private Actors into the Market

Guest Speakers

Ron Haynie,
Landon Parsons,
and James Glassman
on
“Reforming the GSEs and Injecting Private Actors into the Market”

Moderated by: Ike Brannon

Wednesday, December 7th, 2016

3:00 p.m. – 4:00 p.m.

Location:
Rayburn House Office Building, Room 2226

Featured Guests:

Ron Haynie is vice president of mortgage finance policy for the Independent Community Bankers of America® (ICBA). He provides leadership and guidance on all mortgage finance-related legislative and regulatory issues that impact community banks: government-sponsored enterprises, Federal Home Loan Banks, FHFA, HUD and mortgage rulemakings from the Consumer Financial Protection Bureau and other banking regulators.

Landon Parsons is an Advisor, Banker, and Investor with in-depth experience in specialty finance, asset-backed securities, asset-based lending, capital markets solutions, treasury management, mortgage-backed securities, and secured debt issuance. He is also an analyst, commentator, and published author on US housing policy and reform.

James Glassman is a visiting fellow at the American Enterprise Institute (AEI), where he works on Internet and communications policy in the new AEI Center for Internet, Communications, and Technology Policy. He was also the founding executive director of the George W. Bush Institute, a public policy development institution.

How Same Sex Marriage Affect Retirement Income and Government Budgets

Guest speakers

Stephen Rose
And
Karen E. Smith
on
“How Same Sex Marriage Affect Retirement Income and Government Budgets”

They will discuss their new paper on using DYNASIM to estimate the impact of legal same-sex marriage on retirement income and government budgets.

Tuesday, November 15, 2016

Noon-1:00 p.m.

Location:
Tax Foundation
1350 G Street #950
Washington D.C.

Dr. Stephen J. Rose is a Research Professor at the George Washington Institute of Public Policy and a nationally-recognized labor economist who has been doing innovative research and writing about the interactions between formal education, training, career movements, incomes, and earnings for the last 35 years.

Karen Smith is a senior fellow in the Income and Benefits Policy Center at the Urban Institute, where she is an internationally recognized expert in microsimulation. Over the past 30 years, she has developed microsimulation models for evaluating Social Security, pensions, taxation, wealth and savings, labor supply, charitable giving, health expenditure, student aid, and welfare reform.

The Potential Impact of Mandated Employer Pension Programs on Retirement Savings

Guest speakers

Barbara Butrica 
And
Karen E. Smith

on

“The Potential Impact of Mandated Employer Pension Programs on Retirement Savings”

Tuesday, October 18, 2016

Noon-1:00 p.m.

Barbara Butrica is a labor economist with expertise in aging and income dynamics. She studies issues related to the economic security of the baby boom generation, pensions, Social Security, and the engagement of older adults. Butrica has published her research in peer-reviewed journals and has written numerous research reports and briefs for general audiences.

Karen Smith is a senior fellow in the Income and Benefits Policy Center at the Urban Institute, where she is an internationally recognized expert in microsimulation. Over the past 30 years, she has developed microsimulation models for evaluating Social Security, pensions, taxation, wealth and savings, labor supply, charitable giving, health expenditure, student aid, and welfare reform.

Pension System Challenges Across the Globe

Guest speaker Pablo Antolín

on
“Pension System Challenges Across the Globe”

Monday, September 19
Noon – 1pm

Investment Company Institute
1401 H Steet, NW
Suite 1200
Washington, DC

Pablo Antolín is Principal Economist and Head of the Private Pension Unit of the OECD Financial Affairs Division.  He manages the research and policy program of the Working Party on Private Pension.  Mr. Antolín has a PhD in Economics from the University of Oxford.

Recent Trends in Morality and the Impact on Entitlements

Recent Trends in Morality and the Impact on Entitlements
with Stephen Goss
Wednesday, July 20
Noon to 1:00pm

Cato Institute
1000 Massachusetts Ave NW
Washington, DC 20001

Steve Goss has been Chief Actuary at the Social Security Administration since 2001.  Mr. Goss joined the Office of the Chief Actuary in 1973 after graduating from the University of Virginia with a MA in Mathematics.  He graduated from the University of Pennsylvania in 1971 with a BA, majoring in mathematics and economics. Mr. Goss is a member of the Society of Actuaries, the American Academy of Actuaries, the National Academy of Social Insurance, the Social Insurance Committee of the American Academy of Actuaries, and the Social Security Retirement and Disability Income Committee of the Society of Actuaries.

Reaching Across Boarders: The Use of Global Savings Accounts to Enhance Retirement Security Worldwide

Reaching Across Boarders: The Use of Global Savings Accounts to Enhance Retirement Security Worldwide
with Kathryn Reilly
Thursday, June 9
Noon to 1:00pm

Investment Company Institute
1401 H St., NW, Suite 1100
Washington, DC 20005

Kathryn Reilly is the Global Director, Public Affairs for Aon. She leads the policy efforts for Aon’s business units and shapes proposals for such areas as healthcare, retirement, terrorism risk insurance, and financial services. Prior to joining Aon she worked for Caterpillar Inc. Kathryn has a B.A. from Eastern Illinois University and a M.B.A. from Georgetown University.

How Automatic IRAs Can Help Americans Reach Their Retirement Goals

Tuesday, May 24
8:30am –  10:00am
 

Urban Institute
2100 M Street NW, 6th Floor
Washington, DC

Robert Pozen is a nonresident senior fellow in Economic Studies at the Brookings Institution and a senior lecturer at MIT’s Sloan School of Management.  He has written on a wide variety of topics related to retirement saving.

The Pension Mis-Selling Scandal, the SEC, and the Enforcement of the Fiduciary Standard

Guest speaker Pension Policy Center Director John Turner

He will be discussing his new paper:

“The Pension Mis-Selling Scandal, the SEC, and the Enforcement of the Fiduciary Standard”

Wednesday, May 4
Noon – 1pm

Time Warner Cable
901 F Street, NW, Suite # 800
Washington, DC 20004

John A. Turner is Director of the Pension Policy Center, which provides research and consulting on social security, pension policy, and retirement planning.  Previously, he worked in the AARP Public Policy Institute, the International Labor Office in Geneva, Switzerland, and in research offices at the U.S. Social Security Administration and the U.S. Labor Department.

How America Supports Retirement: Challenging the Conventional Wisdom on Who Benefits

Guest speaker Peter Brady

He will be discussing his new book:

“How America Supports Retirement: Challenging the Conventional Wisdom on Who Benefits”

Thursday, March 10, 2016
Noon – 1pm

The Tax Foundation
1325 G Street, NW
Suite 950
Washington, DC 20005

Abstract
Assuring retirement security is a challenge for American workers, for their employers—and for the country’s policymakers. Government policy supports retirement preparedness primarily through two mechanisms: Social Security, which is a mandatory contributory pension for all workers, and tax deferral, which provides incentives for employers to offer and workers to participate in voluntary retirement plans.  Yet the combined effect of these two mechanisms is poorly understood—and subject to widespread myths.

In a new book, How America Supports Retirement: Challenging the Conventional Wisdom on Who Benefits, economist Peter Brady of the Investment Company Institute challenges the notion of an “upside-down” retirement system that only benefits the wealthy.

Brady’s innovative work is the first to use a consistent metric—a tax expenditure estimate—to measure the benefits of both tax deferral and Social Security. It illustrates that higher earners benefit more from tax deferral not because of their higher tax rates, but because the design of Social Security creates a strong incentive for them to defer more of their compensation.

In findings that bear directly upon today’s pressing policy debates, Brady demonstrates that the full system of government support for retirement is indeed progressive and warns that tax proposals to limit or fundamentally change tax deferral would actually make the code less fair.