The Savings Coalition of America today organized the Philadelphia Financial Freedom Stash Your Cash Bash IRA-Palooza, in the hopes of educating delegates and attendees at the Republican convention in Philadelphia about pension and retirement issues, said Bill DeReuter, a Washington-based lobbyist for Merrill Lynch, a member of the coalition.
The coalition, representing the securities and mutual fund industries and affiliated groups, wants to help ensure the passage of pension legislation in the Senate when Congress returns in September, and send the legislation to the president for his signature, Mr. DeReuter said.