Tag: national pension registry
When COVID-19 throws people out of work, their chances of retiring comfortably can deteriorate rapidly. What better time to find a new way to help? A perennial proposal just reintroduced in Congress would do some good: establish an online database of employer retirement plans so workers and retirees can locate old pensions and 401(k) accounts…
A new Office of Lost and Found could be used to coordinate ongoing government initiatives. The United States needs a national pension registry. Most other developed countries provide consolidated online information for participants on all their workforce retirement accounts. These pension registries, which include information on both active and inactive accounts, are helpful not only…