Tag: NEST

Photo of credit cards

In today’s world, workers need to save if they want to be comfortable in retirement. But there are also limits to what many people can afford. A new study finds that when U.K. workers were automatically enrolled and started contributing to a retirement savings plan, their household debt – credit cards, bank overdrafts, and other…

Hourglass, eyeglass, pen and notebook written with RETIREMENT PLAN on white wooden background with sun flare

We were looking at the United Kingdom’s ambitious retirement saving initiative when the President announced Treasury’s MyRA proposal last month.  The UK initiative shares two key attributes with the MyRA – namely, safe investments for the new saver and a separate mechanism to administer small accounts.  And it’s an interesting plan.   The initiative was introduced…