Tag: retirement savings
The brief’s key findings are: In 2013, 55 percent of households in their twenties had student debt, with an average amount of $31,000. The question is whether student debt – by reducing 401(k) savings and delaying home purchases – could have a big impact on retirement preparedness. The analysis uses the National Retirement Risk Index…
New Department of Labor rule says auto-IRA programs not subject to ERISA. At any moment in time, less than half of private sector workers (ages 25-64) participate in any form of employer-sponsored retirement plan. The lack of universal coverage means that many workers move in and out of participating in a plan and a significant…
