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Helping Low Income Families Retire

December 5, 2004  • Institute Contributor

With the debate over retirement security heating up, the Initiative on Financial Security (IFS) hosted a bipartisan roundtable on Capitol Hill exploring how Congress can expand retirement savings incentives for low and moderate income households. IFS Executive Director Lisa Mensah led a discussion that brought together Sen. Jeff Bingaman of New Mexico, who sits on the Senate Finance Committee, as well as Rep. Benjamin Cardin of Maryland and Rep. Nancy Johnson of Connecticut, who sit on the House Ways and Means Committee. Following the roundtable, IFS continued the dialogue by co-hosting a panel discussion with the Retirement Security Project, where Mensah talked about how federal matching programs are the key to encouraging low and moderate income Americans to save for the future.