Retirement Plan Consultants
Nicholas Pension Consultants
Farmer & Betts, Inc.
Loren D. Stark Company
RTD Financial Advisors
Kentucky Trust Company
EPIC Retirement Plan Services
ERISA Services, Inc.
Plumbers Local Union No. 1 Benefit Funds
Hochheiser Deutsch & Co, Inc.
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|Potential Benefits of Universal Access to Retirement Savings: An Analysis of National Options to Expand Coverage|
Georgetown University Center for Retirement Initiatives
Jan. 27, 2021
54 pages. "[N]ational universal workplace access scenarios could reduce the access gap and expand retirement savings coverage by 28 to 40 million workers (depending on the chosen design features) by the year 2040, with additional participation from 50 to 70% of private sector workers currently lacking access.... [By] starting to save early in their careers, through simple, automatic, and consistent contributions, and by capitalizing on incentives to save and compounding investment returns over an extended time horizon, millions of additional private sector workers with typical earnings levels will begin to save and build substantial private savings that will increase their retirement incomes."
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