Tag: auto-IRA
Abstract About half of private sector workers in the United States do not participate in an employer-sponsored retirement plan at their current job. To fill the gap, a number of state governments around the country have recently launched initiatives to automatically enroll their uncovered workers in Individual Retirement Accounts (IRAs). This paper reports on t…
Early data show how employers and workers are responding to OregonSaves. About half of private sector workers are not covered by an employer-sponsored retirement savings plan at any given time, and few workers save without one. In the absence of federal action to close this coverage gap, some states have passed legislation to implement “Auto-IRA”…
