Tag: auto-IRA
Abstract In contrast to traditional employment, where employers provide health and retirement benefits, workers in nontraditional jobs have to seek out other options for health insurance coverage and retirement saving. How successful are they at finding alternatives? This study uses the Health and Retirement Study to examine older workers ages 50-64, who are both t…
The brief’s key findings are: Several states now require employers without a retirement plan to automatically enroll their workers in a state auto-IRA program, with workers allowed to opt out. The role of employers is limited; they are responsible for registering with the state and then setting up workers’ payroll deductions. The results in Oregon…
