Tag: low income workers
I have always been a great fan of providing a government match on the retirement savings for low- and middle-income workers. These workers, who pay very little in income taxes, gain virtually nothing from the tax preferences accorded retirement saving and can afford to put aside only modest amounts…
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…