Tag: workplace retirement plan
The most effective way to save for retirement is through a workplace-based retirement plan, but many workers lack access to one. To help close this gap, a number of states have adopted programs that require employers without a plan to auto-enroll their workers in an Individual Retirement Account (IRA). These accounts use the Roth structure,…
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…
