Trump’s 401(k) Plan: Who Might Benefit and Who Won’t

During President Donald Trump’s Feb. 24 State of the Union address, he lamented the gap in the United States’ retirement system. Specifically, he noted that there are approximately 56 million citizens who have no employer-sponsored savings plans (in which retirement savings are bolstered with matching contributions from an employer). Be Aware: Trump Promised Tax Relief for Seniors — Here’s What Retirees Are Seeing Now Learn More: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too Calling this gap a “gross disparity,” Trump announced a government solution to the problem. Trump’s 401(k) Plan Per CBS News, Trump’s…

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