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Eric Holcomb on Social Security |
Eric J. Holcomb: Everyone should save for retirement and should be encouraged to do so. However, my administration cannot impose additional burdens upon private industry in the form of mandates to offer retirement plans. Nevertheless, I would encourage employers to offer direct deposit to individual retirement accounts as a way for those without employer-sponsored plans to save. Moreover, my Economic Development Plan is designed to foster better paying jobs that should facilitate a greater amount of disposable income to save for retirement.
John R. Gregg: It has to be easier for people to save. We should provide incentivizes to employers, and saving for retirement should always be an opt-out, not opt-in, system. I also pledge to always advocate federally to protect and strengthen our Social Security system.