#low-income-workers

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#retirement-security #federal-retirement-plan #economic-policy #retirement-savings #retirement-plan-access
Retirement
fromFortune
1 week ago

This 'retirement nerd' at the uber-liberal New School teamed with Trump's economy guru to reinvent the 401(k) | Fortune

President Trump announced a retirement savings plan offering 54 million American workers without employer-sponsored plans federal worker-style retirement accounts with annual contribution matching up to $1,000.
Retirement
fromwww.housingwire.com
1 week ago

Trump 401(k) plan, if expanded, could advance universal retirement

Expanding retirement plan access requires both matching contributions and direct government funding to effectively reach low-income workers who lack disposable income for savings.
fromFortune
2 weeks ago

Trump's universal 401(k) architect on why lower-income people distrust retirement accounts: 'they want to know what the catch is' | Fortune

Many of the [low-income earners] that I've talked to really want me to sit down and explain how it worked for them, because they've just been excluded from a system like this for their whole careers. They want to know what the catch is.
Retirement
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