We already have a government mandated retirement program called Social Security, and it’s not in very good shape, either.
“We already have a government mandated retirement program called Social Security”
It’s kind of like calling for ‘reparations’, as if most of our 20 Trillion dollar debt is PRECISELY THAT.
yes, but if you don’t pay into it yous don’t get anything
what about all those jobless aging poor folk /s
No, it isn’t !!!
“The number one priority for many of Trump’s voters is retirement security,” Ghilarducci said. “”
So Govt Mandated employee and employer participation in a 401K with a 2.5% minimum for each, tax defer like today I believe. so..
1-What happens to my existing 401K, is this a wealth grab?
2-What about people in various entry level type positions where 401K is not offered? Due to employer 2.5% match, isn’t this a low end job killer like bumping up the Minimum Wage has proven to be?