Tag: IRA
Do participants understand their exposure to risk? It’s always interesting to look at Vanguard’s most recent edition of “How America Saves,” which summarizes the previous year’s activity for its 401(k) clients. Of course, the activity at any single company does not provide a complete picture of retirement preparedness. Individuals may have more than one 401(k) account…
The most effective way to save for retirement is through a workplace-based retirement plan, but many workers lack access to one. To help close this gap, a number of states have adopted programs that require employers without a plan to auto-enroll their workers in an Individual Retirement Account (IRA). These accounts use the Roth structure,…
