Policy Achievements

  • Americans have invested more than $225 billion in Roth IRAs, an NCPA-originated idea. Since deposits are made after tax and withdrawals are tax-free, these accounts are protected from future tax increases, which are almost certain to occur. Employers can now offer their employees Roth 401(k)s. And in 2010 all taxpayers, regardless of income, will be able to convert their regular IRAs into Roth IRAs.
  • Thanks to the NCPA's pioneering work in health policy, at least 16 million families are managing their own health care dollars through Health Savings Accounts (HSAs) and Health Reimbursement Arrangements (HRAs). These are the fastest growing products in the health insurance marketplace.
  • More than 78 million baby boomers will be able to work beyond age 65 without losing Social Security benefits; nearly 2 million senior citizens are currently working and producing thanks to the NCPA's proposal to abolish the Social Security earnings penalty.
  • 401(k) reforms developed by the NCPA and the Brookings Institution were included in pension reform legislation that was recently signed into law. They allow employers to automatically enroll employees in diversified portfolios without fear of lawsuits. As a result, more employees will have accounts, and their balances over time will be larger and safer.
  • Largely because of the work of NCPA Distinguished Fellow, Bob McTeer, Mark to Market Accounting rules were eased allowing for more flexibility in measuring fair value of assets and the sale of toxic assets.
  • The advertising equivalent value of NCPA media coverage from October 1, 2008 through March 31, 2009 totaled more than $54 million, while all NCPA expenses for the same six-month period were about $3 million - an excellent return on the investment.
  • Nearly 30 million people visited NCPA Web sites in 2008 and more than 17 million have already visited through June, 2009.