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Trump wants to give workers $1,000 for retirement. Can it work?

 What to know

President Donald Trump's proposal to give workers $1,000 annually for retirement savings is met with skepticism due to his track record with low-wage workers. The plan, similar to the Thrift Savings Plan, faces challenges like funding and worker affordability. Teresa Ghilarducci supports the idea, but concerns remain about its feasibility and the need to prioritize Social Security.

Summary is AI-generated, newsroom-reviewed.

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What are your thoughts on Trump's proposal to give workers $1,000 a year for retirement savings, and do you think it could effectively help low-wage workers?

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