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Would Trump’s Australian-Style Retirement Be Better or Worse Than the U.S. Plan?
Yahoo Finance· 2026-02-05 14:40
President Donald Trump is weighing whether the United States should adopt an Australian-style retirement system that requires employers to fund their workers’ retirement savings accounts. Trump said his administration is “very seriously” looking at the Australian system, CNN reported. He also called it a “good plan” that has “worked out very well.” Whether it would work out very well in the U.S. is open to debate. Here’s a closer look at whether an Australian-style system would be better or worse than t ...