Trump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’
- Posted on February 28, 2026
- By Fortune
- 2 Views
Trump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’

Teresa Ghilarducci, a professor of economics at The New School, has studied retirement security for 42 years.