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USSenator Thompson Proposes an "Incentivized IRA" Bill That Would Encourage

Question 26

Multiple Choice

U.S.Senator Thompson proposes an "incentivized IRA" bill that would encourage savings among people who do not have an employer-sponsored retirement plan.One key incentive is:


A) making a single choice to automatically save from each paycheck rather than deciding whether or not to save when each paycheck arrives.
B) searching for a better job,even while staying at one's current job.
C) mandating an earlier retirement age to strengthen the need to start saving earlier.
D) creating a negative income tax so that lower-income workers get cash back each year that they can put into savings.

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