Tag: automatic enrollment
The brief’s key findings are: The analysis looks at the costs of pensions, OPEBs, and debt service for all states and the largest counties and cities. Costs assume a 6-percent discount rate and an adequate amortization schedule, and are compared to own-source revenue. The good news is that the total cost burden appears under control in…
The brief’s key findings are: Today’s workers must save on their own for a secure retirement, so researchers have examined existing options for encouraging them. Tax incentives: recent research suggests that increasing the generosity of tax incentives for 401(k)s and IRAs would not significantly increase saving. 401(k) design: auto-enrollment has boosted participation, but, to date,…
