Our retirement system gets a C-plus; policymakers have an opportunity to make it A grade

Millions of Americans don’t have enough saved for retirement — and millions more don’t know where to start. With President Trump recently pointing to Australia’s retirement system as a potential U.S. blueprint, this is a rare moment when reform momentum is actually building. Policymakers should seize it.

Consider a young worker starting their first job today. Recent legislation means they’re likely automatically enrolled in a 401(k) from day one — real progress. But fast-forward a few decades...