Trump, Clinton Agree on State-Run Auto IRAs

By ASPPA Net Staff • October 14, 2016 • 0 Comments
They may not have very much in common, but the two major party presidential candidates seem to be on the same page when it comes to state-run auto-IRA programs.

According to Politico, Diana Furchtgott-Roth, a volunteer adviser to Donald Trump’s campaign, affirmed Trump’s support for the state auto-IRA programs. “Mr. Trump believes that any states [that] want to set up their own auto-IRA programs have every right to do so,” Furchtgott-Roth said at a Politico event on political priorities for Baby Boomers.

Furchtgott-Roth said that Americans are not taking advantage of retirement programs because they do not make enough money to save, according to the report. She said that lowering the corporate tax rate would create more jobs and allow “people to have higher incomes so that they will have more for many things including saving for retirement.”

Neera Tanden, president of the Center for American Progress, also at the event, said that Hillary Clinton “has been a fan of the auto-IRA programs,” according to Politico.