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Public Option Retirement Plan.pdf

GRA_PrimerJune3.pdf
Preview of public option retirement plan
🔗 Source: economicpolicyresearch.org
📊 Size: 198 KB
📄 Pages: 6 pages
⬇️ Downloads: 93

Summary

Guaranteed Retirement Accounts (GRAs) are proposed as a solution to the US retirement crisis, where many workers lack access to retirement accounts and face anxieties about outliving their savings. GRAs would be universal, affordable, and portable accounts providing a monthly paycheck in retirement, with workers contributing 1.5% of their paycheck, matched by their employer, and receiving an annual tax credit of up to $600. This plan would particularly help women, people of color, young workers, and those employed by small businesses, who are disproportionately affected by the retirement crisis.

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Description

Guaranteed Retirement Accounts (GRAs) are proposed as a solution to the US retirement crisis, where many workers lack access to retirement accounts and face...

Technical Information

  • File Format: PDF
  • File Size: 198 KB
  • Pages: 6
  • Language: EN
  • Total Downloads: 93
  • Last Updated: 2 weeks ago

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This PDF document about public option retirement plan provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into public option retirement plan.

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