Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Auto-IRAs: How Much Would They Increase the Probability of 'Successful' Retirements and Decrease Retirement Deficits? (PDF)
Employee Benefit Research Institute [EBRI] June 16, 2015
"Assuming no opt-outs, this analysis finds that the introduction of an auto-IRA for households currently ages 35-39 working for small employers, would increase the probability of a 'successful' retirement (as measured by the Retirement Readiness Ratings, or RRR) by 8.4 percent, declining as employer size increases. Even in the worst-case scenario (75 percent opt out) there was an increase in RRR, albeit only 2.2 percent for those working for small employers and 1.1 percent for those with large employers."
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