automatic IRA

How an Auto IRA Could Work for You

Posted on 09/9/2010 by |Archived Contributor | Comments

Money & SavingsWe can’t hide from the scary statistic in the story from the ABC affiliate in Houston below: about half of American workers don’t have any retirement savings at all. Last month, Rep. Richard Neal of Massachusetts introduced the Automatic IRA Bill of 2010 that would provide millions of Americans the opportunity to save for retirement in their workplace. AARP strongly supports this bill, as it is a “simple, low-cost solution to the problem that too few Americans are saving for …