Tag: employer plan
U.S. workers’ enthusiasm for saving money for retirement is lukewarm. But that doesn’t go very far in explaining why only three out of every 10 Latino workers are participating in an employer retirement plan, typically a 401(k). The major reason is that most of them do not have a retirement plan because they are employed…
The brief’s key findings are: Policymakers worldwide are concerned that workers are not saving enough for retirement, in part due to a lack of coverage by employer-based plans. The United Kingdom has recently completed a nationwide rollout of auto-enrollment, with the ability to opt out. In the wake of this initiative, participation rates have jumped…
