Tag: low income workers

State auto-IRA initiatives provide coverage to workers without an employer-sponsored retirement plan. These workers tend to have lower incomes and often have limited savings to cope with emergency expenses…

Or else people will tap their retirement savings when the roof leaks. As many of you may know, several states – California, Connecticut, Illinois, Maryland, and Oregon – are in the process of setting up retirement programs for their uncovered private sector workers. These programs consist of a mandate on employers without retirement plans to…