Topic: Ira Savings

2 chapters across the catalog

Lunar Economy
Episode 1872 4:33 - 8:13

1872: Lunar Economy

Scott Besant on Iran, New Trump Savings App

Treasury Secretary Scott Besant discusses Iran's nuclear enrichment and the necessity of free navigation in the Strait of Hormuz. He also introduces a new mobile app for "Trump accounts," an IRA-style savings vehicle for children born between 2025 and 2028. The program includes a $1,000 federal donation, though the hosts remain skeptical of Besant's presentation style despite his policy expertise.

Coming Soon: The Cashless Society
Episode 128 1:07:29 - 1:13:12

128: Coming Soon: The Cashless Society

Obama Retirement Savings Plan, 401k and Savings Bonds

President Obama proposed several changes to encourage retirement savings, including automatic 401k enrollment for small business employees and the option to receive tax refunds as savings bonds. The plan also includes a tax credit to match half of a family's savings up to $1,000. Critics suggest these measures are designed to funnel more capital into the Wall Street financial system following the loss of $2 trillion in retirement funds.