Closing The Retirement Savings Gap: The Power of State Auto-IRAs
Mary Morris is CEO of Commonwealth Savers and a leading industry authority with more than three decades of financial expertise.
The retirement savings gap is a critical issue that has been steadily growing. Millions of Americans are approaching retirement age with little to no savings, and the traditional methods of saving for retirement, such as employer-sponsored 401(k) plans, are not reaching everyone.
In response to this crisis, state governments are stepping up with innovative solutions, one of the most promising being state-facilitated auto-IRA programs such as RetirePath Virginia.
