Tag: closing the coverage gap
For decades, we and other commentators have asserted that, at any given time, roughly 50 percent of private sector workers participate in an employer-sponsored retirement plan. It used to be easy to check out the “50 percent” number because the federal government’s Current Population Survey (CPS) produced data on coverage and participation for public and…
State auto-IRA initiatives provide coverage to workers without an employer-sponsored retirement plan. These workers tend to have lower incomes and often have limited savings to cope with emergency expenses…
