President Donald Trump on Tuesday outlined a new retirement plan that would see the federal government match a portion of the contributions made by American workers to retirement plans that aren't matched by their employers.Trump discussed the proposal during his State of the Union address to a joint session of Congress on Tuesday night, when he said that the federal government will start providing up to $1,000 in matching contributions to the retirement plans of workers whose employers aren't providing a match."Since I took office, the typical 401(k) balance is up by at least $30,000. That's...
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