A new analysis from the Pew Charitable Trusts makes a clear argument that workers in the U.S. broadly favor the option of turning to the government for savings opportunities when an employer is unwilling or unable to provide a retirement plan.
“At least one-quarter of nongovernmental, non-agricultural full-time workers do not have access to an employer-sponsored retirement plan, and fewer than 15% of households contribute to an individual retirement account (IRA).” Given these facts, policymakers, particularly at the state level, are examining ways to bolster retirement savings. READ the full analysis.
