Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

16 of 22
BACKNEXT
Savings
Obama wants the government to augment low- and middle-income workers' savings. McCain would help retirees keep their savings.

· Require companies to automatically enroll their employees in retirement plans they offer.

· Encourage saving by keeping investment taxes low.

· Temporarily suspend mandatory withdrawals from retirements accounts for senior citizens age 70 1/2 and older.

"As president, I intend to act quickly and decisively to promote growth and opportunity. I intend to keep the current low income and investment tax rates." -- McCain*
· Require employers that don't offer retirement plans to set up IRA-type accounts.

· Require companies to automatically enroll their employees in 401(k)s or IRAs.

· Provide a federally funded match on retirement savings for families earning below $75,000.

· Temporarily suspend mandatory withdrawals from retirements accounts for senior citizens age 70 1/2 and older.

"Personal saving is at an all-time low. A part of the American dream is at risk." -- Obama**




NEXT: Free Trade
Last updated October 29 2008: 12:15 PM ET
Source:
*June 10, 2008, Speech, Washington, D.C.
**Nov. 7, 2007, Speech, Bettendorf, Iowa
More Galleries
14 gifts gamers would actually want Whether you're shopping for a Pokémon GO fan or someone who owns every console ever made, we've got holiday shopping recommendations to suit everyone from beginners to the most discerning gamer. More
14 coolest toys for the holiday season Our list of must-have toys includes a self-hatching interactive pet, a coding toy for toddlers and a high-tech Barbie Dreamhouse. More
The 10 most expensive colleges this year The 10 most expensive colleges in the U.S. charge more than $66,000 for tuition, fees, room and board for the 2016-2017 school year. More

Special Offer