Clinton to Propose Universal 401K Plan

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Source: MSNBC

Clinton will lay out a proposal to provide a universal 401K plan for everyone, at a speech today in Webster City, Iowa. Her staff is calling it the second-biggest policy rollout of the campaign in terms of cost and the number of people it would cover.

Under the plan, everyone would have access to a 401K and would be able to get matching funds from the government. It is part of Clinton's effort to increase retirement security by promoting savings and investment. Clinton's policy advisors will explain the plan in detail after the speech.

The senator kicked off her two-day "Middle Class Express" bus tour in Cedar Rapids Monday with an economic speech aimed at drawing a distinction between herself and Republicans ahead of tonight's GOP debate on economic issues.

Read more: http://firstread.msnbc.msn.com/archive/2007/10/09/403550.aspx