Tag: coverage gap
Let’s see if fintech and state auto-IRAs are making a difference. Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement. Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct…
Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement in a tax-advantaged account. Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct contributions…
