Tag: employer retirement plans

businessman shouting in megaphone, showing personal opinion

Some form of risk-sharing plan would be good, but coverage is the real issue. How did this happen?  Now that the shift from defined benefit plans to 401(k)s is almost complete (see Figure 1), everybody seems to be talking about defined benefit (DB) plans.  They were on the wish list of the United Auto Workers.&nbs…

Welcome to Massachusetts sign

The Massachusetts legislature is considering a bill that would establish a state-run “Secure Choice Retirement Program” to cover workers whose employer does not provide a retirement plan.  Similar efforts are under way in California, Connecticut, Illinois, New Jersey, and Oregon.  These initiatives involve a mandate on employers to auto-enroll their employees in a Roth IRA…