Tag: employer plans
![Elderly couple looking at finances on a coomputer](https://crr.bc.edu/wp-content/uploads/2023/07/Elderly-couple-looking-at-finances-on-a-coomputer-1536x810.jpeg)
The President has done what he can, now Congress needs to auto-enroll everyone. The MyRA (My Retirement Account), which the President proposed in the State of the Union, addresses the most serious problem in our retirement system – at any moment in time only 42 percent of private sector workers (age 25-64) participate in any…
![businessman looking at his watch](https://crr.bc.edu/wp-content/uploads/2023/07/businessman-looking-at-his-watch-1536x1022.jpeg)
Breaking the link between employers and retirement may be key to better system. Lots of proposals have been put forth for a new and better retirement system, but they don’t answer the question of how we get from here to there.[1] We have a fairly extensive – albeit far from perfect – 401(k) system that…