Tag: auto-IRA
![The United States capitol builing on evening. View from the reflection pool](https://crr.bc.edu/wp-content/uploads/2017/03/The-United-States-capitol-builing-on-evening.-View-from-the-reflection-pool-1536x1024.jpeg)
The Senate should not throw sand into the wheels of the state Auto-IRA initiatives. At the risk of making Winston Churchill turn over in his grave, never could so much be owed by so many to so few – for doing nothing. If 100 Senators do nothing, 39 million private sector workers without a payroll-deduction…
![The Frances Perkins Building of the U.S. Department of Labor headquarters in Washington, D.C.](https://crr.bc.edu/wp-content/uploads/2017/02/US_Dept_of_Labor.jpeg)
But why try to put sand in the works? A bright spot on the retirement income landscape is state initiatives to establish “Auto-IRA” programs for uncovered private sector workers within their state. The programs are voluntary – workers can always opt out. The employer’s role is limited to making sure the right contribution amount is…