If you make a list of the most hated words or phrases in politics today, “employer mandate” has to be in the top 10. However, in this era of retirement security crisis, mandatory retirement savings program is gaining more support in Washington.
1. Who are pushing the idea politically?
2. Why will the Congress will have to address Social Security sometime soon?
3. To you, which recommendations mentioned in the article make the most sense and why?
Source: Miller, M. (2016). Is a Mandatory Retirement Savings Plan in Your Future? Reuters.com, March 17 (Retrievable online at http://time.com/money/4262916/mandatory-retirement-savings/?xid=homepage)