OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Make it Easier to Save for Retirement

Issue Position

Date: Jan. 1, 2019
Issues: Entitlements and the Safety Net Government Operations

Most Americans want to do more to save for retirement, but they don't know how. It's also always easier to say, "I'll start tomorrow," when the expenses of today crop up.

The government should help people who want to do more to prepare for their future.

There should be opt-in retirement accounts that have defined contributions that automatically increase with people's incomes. By opting in, an individual could define a portion of their income to be dedicated to this tax-free account, and as their income increases, or at regular intervals, the amount could be automatically increased.


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