An Updated Analysis by the Pension Committee of the American Academy of Actuaries August 2005 The rules on conversions from Archer Medical Savings Accounts (MSAs), Coverdell Education Savings Accounts (ESAs) and Section 529 qualified tuition program accounts have been modified from the original proposal. Under the new proposal, MSAs cannot be converted and conversions from ESAs and 529 plans would be limited. ADMINISTRATION’S RETIREMENT SAVINGS PROPOSALS Background Summary of the Revised Proposals 1