Fellow Joyce Beebe evaluates a provision of the newly passed SECURE Act, which offers an option for penalty-free withdrawal from IRAs and 401(k)s for new parents. She also discusses Congress’s recent decision to grant 2.1 million federal workers up to 12 weeks paid parental leave. Baker Institute Blog: http://bit.ly/2RZIIUJ
Fellow Rachel A. Meidl critiques China's ban on plastics, arguing that "simply banning a product and encouraging the use of understudied alternative products" is not enough. Forbes Blog: http://bit.ly/2O0ALh2
The recently passed Setting Every Community Up for Retirement Enhancement (SECURE) Act offers several welcome updates to retirement saving rules but has also been widely criticized for limiting the “stretch IRA” strategy. Read more on the Baker Institute Blog: http://bit.ly/36ut6Ol
This article reviews certain elements of employee retirement plans and their tax implications, as well as the often-overlooked component of employer matching. Read more on the Baker Institute Blog: http://bit.ly/36T9sft
As U.S. obesity rates continue to climb, policymakers debate whether federal food assistance funds should be used to buy candy and soda. The author examines both sides of the issue.
Given the uncertainty surrounding the economic effects and the poorly targeted benefits and burdens of a minimum wage, it is unlikely to be the best policy to increase the wages of low-wage workers. Fellow John Diamond explains in the Baker Institute Blog
How should cloud computing be taxed? Fellow Joyce Beebe discusses how services like Dropbox and Gmail have both transformed daily life and complicated the taxation landscape. Baker Institute blog: https://bit.ly/2HqRgQ8