The U.S. retirement system is under attack from misguided policymakers and academics, some of whom want to end important tax benefits for retirement accounts. This should be a huge concern for the nearly 100 million American households with tax-advantaged retirement savings. 

With major provisions of U.S. tax policy set to expire in 2025, policymakers must preserve the tax advantages that many retirement savers rely on. They should build upon the success of the current retirement system—not jeopardize it.

If you have an IRA, 401(k), 403(b), or a similar plan, you have a huge stake here. These retirement accounts help everyday Americans save for their long-term financial goals. Thanks in part to the tax advantages retirement accounts enjoy, they’re thriving, putting more Americans on the road to retirement and a secure financial future. In an uncertain economy, they represent a standout part of many households’ finances, not to mention the broader U.S. retirement system.

However, the tax benefits of these retirement accounts have faced unfounded criticism in recent years from both policymakers and some in the academic community. Through data and research studies, the U.S. retirement system has been proven to successfully function as designed, providing meaningful income for retirees and helping all generations of Americans build more wealth. 

Join Help U.S. Retire and explore our resources to get the facts on retirement and learn how we’re working to help Americans achieve financial security in their golden years.