Hillary Unveils Retirement Plan
Hillary Clinton unveiled her retirement plan, American Retirement Accounts, today.
As with her biggest policy plan for universal health insurance, Mrs. Clinton cast her savings proposal in terms of choice: If Americans like their 401(k) plans and other retirement accounts, they can keep those, while those who lack any savings plan will have a chance to start one with government help and save $5,000 a year on a tax-deferred basis.
“Saving in the accounts will be easy — it should not require a Ph.D. to save for retirement,” Mrs. Clinton said.
The Wall St. Journal has more specifics.
As to why it's needed:
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