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OCR Page 1 of 31fill
Podasta
USA ACCOUNTS
FEBRUARY 11, 1999
I.
Issues that Need to be Decided in Order to Announce Plan
Issue #1:
Age restrictions, earnings requirements, maximum contribution, and
coordination with IRA limits
Issue #2:
How would the flat contribution and match rate vary with income and marital
status?
Issue #3:
How would contributions and withdrawals be taxed?
II.
Issues that Could Potentially Be Included in Announcement
Issue #4:
How would USAs be coordinated with other pensions?
Issue #5:
Restrictions on withdrawals
Issue #6:
Provisions for small accounts
Issue #7:
How would contributions be made?
Issue #8:
Marriage, divorce, and survivor rules.
III.
Issues that will likely have to be resolved later
Issue #9:
TSP vs. IRA model
Issue #10:
IRS administration concerns
Issue #11:
Start-up date and potential initial year bonus
Issue #12:
Annuitization options
Issue #13:
Debt Collection Issues
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