Tag: auto-IRA
I have always been a great fan of providing a government match on the retirement savings for low- and middle-income workers. These workers, who pay very little in income taxes, gain virtually nothing from the tax preferences accorded retirement saving and can afford to put aside only modest amounts…
Across the nation, many older adults struggle to make ends meet. The Elder Index, produced by the Gerontology Institute at UMass Boston, suggests that roughly one-third of older households have incomes below what it takes to meet basic needs and age in place. One question is whether living in a high-wealth, high-cost state such as…
