2016 DE Governor's race: on Social Security

Colin Bonini: Tax incentives to encourage payroll deduction savings

Colin Bonini: We MUST encourage savings. I'm so glad the AARP is bringing attention to this issue!!! I support creating tax incentives to encourage payroll deduction savings. I believe under-saving for retirement is a critical issue and I look forward to working with the AARP and others to address this issue! If there are good ideas in other states or organizations that increase savings, we should consider them!

John Carney: Expect to work longer than our parents did before retiring

John Carney: As a baby boomer, I know we can expect to work for much longer than our parents did before retiring. As former Sec. of Finance, I understand the importance of saving throughout one's career. I helped revamp the state employee deferred compensation plan to enable more state employees to save for retirement. For future seniors to live comfortably in retirement, we need solutions to encourage long-term saving from an early age. While being sensitive to small businesses for whom offering a payroll deduction may be burdensome, I'd support measures to encourage employers to offer a retirement savings plan as an option.