President Obama said – “And we must also begin a conversation on how to do the same for Social Security, while creating tax-free universal savings accounts for all Americans”
The president recognizes the need for all Americans to be able to save for retirement and other purposes. This would include making retirement savings available to all workers such as the Heritage/RSP plan for Automatic IRA, which would allow small business employees to have a simple, low cost payroll deduction retirement savings account. We hope to see Auto IRA in the president’s coming budget.
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