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Gingrich pushing for private retirement accounts
Republican presidential contender Newt Gingrich wants to give younger workers the option to choose private retirement accounts as an alternative to Social Security.
“It would be a voluntary choice. Keep the current system if you want to, or have a savings account,” Gingrich said Monday at Rivier College in Nashua.
The former House speaker, who has been rising in the polls, planned to elaborate on the plan in a lunchtime speech to students at St. Anselm College.
He says he wants younger workers to have another option and to end the expectation that Social Security is the only safety net for retirement.
Republican presidential candidate Newt Gingrich, former House Speaker, speaks during a visit to the John F. Kennedy School of Government at Harvard University in Cambridge, Mass., Friday, Nov. 18, 2011. (AP Photo/Charles Krupa)
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