No wonder the roundtable lasts only an hour

Well this hardly seems like a major breakthrough in ensuring retirement security. From a Heritage Foundation press release announcing an upcoming gathering in futility [emph added].

A New Approach to Increase Retirement Security Through Universal IRAs

With the looming retirement security crisis facing our country, policy-makers from both parties are focused on ways to strengthen pensions and increase savings. David John of The Heritage Foundation and J. Mark Iwry of The Retirement Security Project will propose a new plan for Universal IRAs that would provide a relatively simple, cost-effective way to increase retirement security for the estimated 71 million workers without plan coverage. While reforms currently being debated would improve employer-sponsored plans, this proposal – the Universal IRA – is a way that employees of smaller businesses can choose to save for retirement by allowing their employers regularly transfer an amount from their paycheck to an IRA.

Five speakers will be expounding upon this spasm of brilliance. It could be held more cost-effectively at the local Denny's, but the prestige factor just wouldn't be there. Remember to RSVP early.