Tag: retirement saving

Massachusetts flag

How far can voluntary efforts in Massachusetts go to close the coverage gap? The coverage gap is the most serious problem in the private sector retirement system.  At any moment in time, less than half of private sector workers are offered any type of retirement plan by their employer.  Since people only save through organized…

women checking annual financial statements of company

New bill requiring 401(k) income projections is a good idea. Very little is happening on Capitol Hill with regard to retirement.  Hence, I’m always delighted to find a piece of legislation – big or small – that moves the system in the right direction.  The Retirement Enhancement and Savings Act of 2018, a bundle of…