Tag: retirement system
New study helps clarify the challenge of counting the uncovered. In my view, the lack of continuous coverage under a workplace retirement plan is the most serious problem with our nation’s retirement system. The result is that many end up with no retirement savings other than Social Security and others, who weave in and out…
It’s the employer’s responsibility to find former employees and keep them apprised of any retirement benefits they left behind. But that hasn’t always worked out. Some employers don’t have former workers’ current contact information, and others don’t bother to track them down. Worst-case scenarios are often fallout from a merger: the company being acquired has…
