Senate Special Committee on Aging Chairman Larry Craig (R-Idaho) wants Congress to make federal tax laws more favorable for retirement savings, and says he will work to boost the personal saving rate in the United States. National Center for Policy Analysis President John Goodman agrees that current tax legislation is biased against saving and investment, and suggests creating a new kind of 401(k) plan that would automatically enroll eligible employees and have an initial minimum contribution rate of 4 percent to 6 percent unless employees choose otherwise. Goodman's plan would also add "premixed efficient portfolios" or a professional-directed investment option to participants' investment options, and would encourage companies to offer employees access to investment advice, in addition to barring cashouts if employment is terminated prior to retirement, disability, or death.