The country’s economy has evolved in the last 50 years, but Washington’s retirement rules have not. It’s time we change that.
For decades, working class Americans were told to invest their earnings and trust the markets. It’s a reality that has paid dividends for the more than 60% of Americans who own stocks either directly or through retirement accounts like 401(k)s and IRAs.
But the fastest-growing sectors of the American economy remain largely inaccessible to ordinary retirement savers, a reality many policymakers still refuse to acknowledge.
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