President Donald Trump’s proposal to give Americans without access to a workplace retirement plan an option to invest in a federal-style alternative similar to the Thrift Savings Plan is a smash hit, according to focus groups conducted by the Sentinel Action Fund.
During his State of the Union address, Trump proposed to give Americans without access to an employer-sponsored retirement plan such as a 401(k) access to a federal-style option similar to the Thrift Savings Plan (TSP) used by federal workers.
“We will match your contribution with up to $1,000 each year as we ensure that all Americans can profit from a rising stock market,” he added.
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