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Obama to push retirement reforms

The White House says President Obama's retirement proposals would help 30 million additional workers find a way to save for retirement through their employers.

By Allen Greenberg | Updated on January 20, 2015
Photo: AP.

President Obama planned to announce several initiatives at his State of the Union on Tuesday night that, according to the White House, will give 30 million more workers a way to save for retirement through their employers.

The president’s proposals would be funded by closing retirement tax loopholes for the wealthy.

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