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Trump revealed a new retirement savings plan - will you benefit from it? [Yahoo! Finance]
Last paychex, inc. earnings: 3/25 08:15 am
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US:NASDAQ Investor Relations: investor.paychex.com
The federal government may start offering 401(k)s to workers who don't have access to one through their employer, President Donald Trump said during his State of the Union speech Tuesday. “I'm announcing that next year my administration will give these oft-forgotten American workers, great people, the people that built our country, access to the same type of retirement plan offered to every federal worker,” Trump said. “We will match your contribution with up to $1,000 each year.” But details about the plan are sparse. A Trump administration spokesperson later told CNN the plans would be universal and portable (meaning it goes from job to job with you, without requiring a rollover), which traditional 401(k)s don't offer. During his State of the Union speech Tuesday, President Donald Trump hinted that the federal government may offer 401(k)s to those who aren't eligible for one through their employer (Getty Images) IRAs are a popular alternative for workers who aren't eligib
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