Tag: retirement saving
Employer-sponsored retirement plans – such as 401(k)s – offer a convenient way for workers to save through contributions deducted from their paycheck. Yet, many private sector workers lack access to an employer plan. In recent years, a number of states have aimed to give such workers a payroll-based savings option by requiring employers to either…
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…
