Tag: retirement saving
The brief’s key findings are: Several states now require employers without a retirement plan to automatically enroll their workers in a state auto-IRA program, with workers allowed to opt out. The role of employers is limited; they are responsible for registering with the state and then setting up workers’ payroll deductions. The results in Oregon…
The brief’s key findings are: 50 percent of working-age households are at risk of falling short in retirement. The question is how much would additional retirement saving improve the picture? The results show that boosting the 401(k) contribution rate for eligible workers by 5 percentage points would only modestly reduce retirement risk overall. The impact…
