Reply #20: Still more from that same linked article, [View All]

[chalky]

Still Teresa Ghilarducci, speaking, and just one line after the last quote I posted:

"The Democrats are looking at two paths," she said.

"One is to make the 401(k) system, which is commercial and individualized, more fair, but not do anything to expand coverage or guarantee returns." The other path is to broaden coverage and guarantee returns. "I think the compromise will be a voluntary guaranteed retirement account. So that if people don't have a 401(k), or want a better alternative to a 401(k), they could put their money into a government-guaranteed fund."