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Obama Unveils Savings Proposal for Workers Lacking 401(k)
Bloomberg Link to more items from this source
Jan. 29, 2014
"The accounts, which Obama announced yesterday in a State of the Union address that concentrated on expanding economic opportunity, will be aimed at workers who don't have access to a 401(k) plan, administration officials said.... [O]fficials, who briefed reporters on condition of anonymity before Obama's nationally televised speech, projected that millions of Americans would take advantage of the savings accounts. Participation would be voluntary and principal contributions will be guaranteed under the plan."

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