America Has a Retirement Crisis. We Need to Make It Easier to Save (2024)

Opinion By: John Scott Read time:

Projects: Retirement Savings

The Retirement Crisis: We Need to Make It Easier to Save

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America Has a Retirement Crisis. We Need to Make It Easier to Save (2)

John Scott Project Director
Retirement Savings

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America Has a Retirement Crisis. We Need to Make It Easier to Save (3)
America Has a Retirement Crisis. We Need to Make It Easier to Save (4)

ArticleDecember 22, 2023

State Automated Retirement Assets Hit $1 Billion

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America Has a Retirement Crisis. We Need to Make It Easier to Save (5)

ArticleDecember 22, 2023

Automated savings programs, intended to help private sector workers put earnings away for their retirement, hit a major milestone in November: Cumulative account assets across the seven state programs topped $1 billion.

America Has a Retirement Crisis. We Need to Make It Easier to Save (6)
America Has a Retirement Crisis. We Need to Make It Easier to Save (7)

Fact SheetJanuary 16, 2024

'Washington Saves' Would Help 1.2M Workers Save

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America Has a Retirement Crisis. We Need to Make It Easier to Save (8)

Fact SheetJanuary 16, 2024

Retirement security is largely dependent on people saving money through a plan provided by their employer, but millions of Americans lack access to this important benefit. Research shows that workers are 15 times more likely to save for retirement if they can do so through payroll deduction, but many small businesses are unable to offer retirement benefits due to high startup costs and a lack of administrative capacity.

America Has a Retirement Crisis. We Need to Make It Easier to Save (9)
America Has a Retirement Crisis. We Need to Make It Easier to Save (10)

Fact SheetDecember 15, 2023

MI Retirement Plan Would Help 1.5M with Financial Security

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America Has a Retirement Crisis. We Need to Make It Easier to Save (11)

Fact SheetDecember 15, 2023

Retirement security is largely dependent on people saving money through a plan provided by their employer, but millions of Americans lack access to this important benefit. Research shows that workers are 15 times more likely to save for retirement if they can use payroll deduction, but many small businesses are unable to offer retirement benefits due to high startup costs and a lack of administrative capacity.

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America Has a Retirement Crisis. We Need to Make It Easier to Save (2024)
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