US Democrats propose Aus-stye co-contribution plan

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US - The Democrats have proposed a retirement plan along the lines of the Australian government's co-contribution superannuation scheme to improve retirement security for middle-class families.

Some 100m people would be eligible for Amerisave: A Democratic Plan for Retirement Security, which matches dollar for dollar the first US$1000 contributed to an IRA, 401(k) or similar retirement pl...

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