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The Penn Wharton Budget Model offers a proposal to boost retirement savings for low-income Americans

Given the high level of government debt, Penn Wharton Budget Model Faculty Director Kent Smetters explains their proposal developed to increase retirement savings account balances for low-income Americans, without raising the federal debt. This proposal can also help address retirement fund gaps for when the Social Security fund runs out.

#retirementsavings #retirementpolicy #publicpolicy #incomeinequality
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