Bush - Retirement Savings Reform NPR's Chris Arnold reports President Bush today proposed reforms aimed at protecting individual retirement savings. Thousands of Enron employees had about 60 percent of their 401k savings invested in their company's stock, and they lost an estimated $1 billion when the firm collapsed. Some in Congress and the Senate are also vowing to prevent such losses in the future with legislation that goes farther than the president's proposal.

Bush - Retirement Savings Reform

Bush - Retirement Savings Reform

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NPR's Chris Arnold reports President Bush today proposed reforms aimed at protecting individual retirement savings. Thousands of Enron employees had about 60 percent of their 401k savings invested in their company's stock, and they lost an estimated $1 billion when the firm collapsed. Some in Congress and the Senate are also vowing to prevent such losses in the future with legislation that goes farther than the president's proposal.