Tag: retirement savings

When between 45 percent and 60 percent of Americans don’t have enough money for retirement, encouraging saving is a national priority. A related issue is preserving the funds once they’re set aside. A survey released last month by Transamerica indicates that workers frequently resort to hardship withdrawals and loans from their 401(k)s, because they lack…

Programs are not related to public defined benefit plans, will not undermine existing 401(k)s, and will have adequate protections. Very few workers save for retirement outside of employer-sponsored retirement plans. But many private sector workers lack access to such plans. To help these individuals save for retirement, several states are planning to offer so-called “auto-IRAs,”…