From AP via Yahoo: Families could get 401(k) retirement accounts and up to $1,000 in annual matching funds from the government under a plan offered Tuesday by Democratic presidential candidate Hillary Rodham Clinton.

I think I like her baby bonds idea better: to give every baby born in the United States $5,000 for college or buying a house. Think about how much that account could grow thanks to compound interest.

Is this an issue that you think politicians should address? Or should the government stay out of retirement planning?

Has anyone seen other plans from presidential hopefuls for increasing savings in America? I’ll try to do a roundup later this week.

This entry was posted on Tuesday, October 9th, 2007 at 2:41 pm and is filed under saving. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.