Rep. George Miller (D-Calif.), fighting back against what he calls “an active campaign that is blatantly misrepresenting Democratic efforts to preserve and strengthen Americans´ retirement security,” on Friday issued a press release to tell his side of the story.
Despite news reports to the contrary, “I do not support `abolishing´ 401(k)s, moving these plans, or changing their tax status, plain and simple,” Miller said. Rather, he outlined five points to make 401(k)s more accessible and profitable for workers.
