There are an absurd number of retirement accounts (Traditional IRA, Roth IRA, 401k, 403b, SIMPLE IRA, SEP IRA, Defined Benefit Plants, etc) available, providing different benefit levels to different people depending on who their employer is and/or whether they're self employed.
This leads to inequitable situations where some classes of employees are able to save in a tax advantaged fashion larger amounts than others. This petition is to simplify and reduce the number of available tax advantaged retirement accounts to 2: Traditional IRA or Roth IRA, with a higher annual contribution limit, and the ability for employers to optionally contribute via direct deposit to employees IRA accounts up to the annual limit.



