In the News • February 16, 2017
“So much for states’ rights. The Republican-controlled Congress took aim this week at states that are creating retirement saving programs for workers who do not already have 401(k)s through their jobs. Seven states – including populous California, Illinois and Maryland – are implementing government-sponsored auto-IRA plans, and another 30 are considering their own, according to […]
In the News • February 13, 2017
“Maybe not with politicians, but the general public is getting tired of worrying how they’ll survive during retirement. That’s according to a new poll from the National Institute on Retirement Security and Greenwald Associates, which found that bipartisan support among Americans for state-sponsored retirement plans is even stronger, at 75 percent, than it was in 2015, when it […]
In the News • February 13, 2017
“A state program to help millions of Californians save for retirement could hit a roadblock this week if the U.S. House of Representatives votes to keep states from setting up individual plans for those who don’t have access to 401(k)-type benefits through their jobs. With the GOP controlling the White House and Congress, some Republicans in […]
In the News • February 13, 2017
“A state program to help millions of Californians save for retirement could hit a roadblock this week if the U.S. House of Representatives votes to keep states from setting up individual plans for those who don’t have access to 401(k)-type benefits through their jobs. With the GOP controlling the White House and Congress, some Republicans in […]
In the News • February 11, 2017
“The multitrillion-dollar retirement savings gap in America is a financial crisis of mind-boggling scope. It is also a moral one. That became clearer this week when a fast-track resolution was introduced in Congress to undermine Oregon and a handful of other states that are trying to make retirement saving easier for lower-income workers, many of […]
In the News • February 10, 2017
“One of the best ways to help people save money for retirement may soon be blocked by Congress. This week, two Republican Congressmen introduced bills that would effectively prevent states and cities from setting up automatic retirement programs for small business workers. More than 30 states are in various stages of developing these savings plans, according to the Georgetown […]
In the News • February 10, 2017
“One of the best ways to help people save money for retirement may soon be blocked by Congress. This week, two Republican Congressmen introduced bills that would effectively prevent states and cities from setting up automatic retirement programs for small business workers.” Read the article.
In the News • February 6, 2017
“Large employers are backing two Congressional resolutions that would put a stop to burgeoning state and city-mandated workplace retirement savings programs meant to cover the 55 million American workers without a private sector plan. The vote could come next week, and is causing alarm among retirement security watchdogs and the states that are rolling out […]
In the News • February 6, 2017
Like a number of enormous long-term problems in the U.S., the retirement savings crisis isn’t getting much constructive political attention. There’s a national shortfall in retirement savings, estimated at $4.13 trillion for heads-of-households aged 25-to-64, by the Employee Benefit Research Institute, and at $6.8 trillion or more by the National Institute on Retirement Security; 29% of those […]