"Obama's proposal is a good start, but with a few tweaks by either the federal government or the states implementing these programs, it could be even better. [1] Auto escalation.... [2] Removal of the income limit on Roth IRA contributions.... [3] Consider mandating auto enrollment in 401(k) plans, with an employee opt-out.... [4] Limiting access to account balances except in emergencies.... [5] Higher IRA contribution limits."