Trump Creates Retirement Accounts for Those Without 401Ks

New York Post

President Trump has signed an executive order to create retirement accounts for workers who don’t currently have access to a 401(k) or another workplace plan.

“I promised to make the same types of retirement accounts enjoyed by federal employees available to all Americans, and that’s what we’re doing. It only seemed fair,” he said during the signing ceremony in the Oval Office.

Each account would receive a yearly federal matching contribution of up to $1,000.

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