Tag: coverage gap
While concern about stability is understandable, worry about costs is based on serious misperceptions. At any given time, only about half of private sector workers in the United States are covered by an employer-sponsored retirement plan, and few workers save without one. Numerous studies have shown that offering a retirement plan is closely related to…
At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan, and few workers save without one. The coverage gap, which undermines the retirement income security of the nation’s workers, is driven by a lack of coverage among small employers. But, in fact, about half of firms…
