re: #705 subsailor68

One other observation on the GRA proposals, get a load of this idea:

Analysts point to another disturbing part of the plan. With a GRA, workers could bequeath only half of their account balances to their heirs, unlike full balances from existing 401(k) and IRA accounts. For workers who die after retiring, they could bequeath just their own contributions plus the interest but minus any benefits received and minus the employer contributions.

At least they can still bequeath something …
Here, people are forced to buy annuities after they’re 75 - which pay out very badly now, and they cannot bequeath anything from that sum.