“Catch-up” IRA contributions, faster vesting, & portability

“The tax code penalizes women who leave the workforce to raise families and it’s tough on young people who frequently change jobs.” Dole’s solutions:
1. Additional Catch-up Contributions: individuals 50 and older can add $5000 to their employer-sponsored retirement plans and IRA contributions.
2. Faster Vesting: three years rather five years under current law.
3. Portability: workers who change jobs can roll over retirement savings between different types of pension plans.