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Save the Date - On June 10, 2008 the Retirement Security Project will host a full day conference on, "The Automatic Revolution: Changing How America Saves." The conference will be held in Washington, DC at the National Press Club. Click here, for more details. The Retirement Security Project has released a paper on "Retirement Security for Women: Progress to Date and Policies for Tomorrow. This paper examines the available data on women and retirement and offers policy solutions aimed at closing the savings gap between men and women. For the full paper, please click here. For press release, click here. RSP has launched Retirement Made Simpler (RMS), a coalition formed by AARP, the Financial Industry Regulatory Authority (FINRA) and the Retirement Security Project (RSP) designed to encourage employers to adopt the automatic 401(k) and to help employers simplify the introduction of auto 401(k) for their employees Please visit Retirement Made Simpler's website, www.RetirementMadeSimpler.org.
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Board to press for automatic TSP enrollment of new employees April 21, 2008, Stephan Losey, Federal Times The Federal Retirement Thrift Investment Board will make its case to Congress next week for automatically enrolling federal employees in the Thrift Savings Plan.Women Pathfinders of the '70s, Falling in a Pension Gap April 20, 2008, Martha Hamilton, The Washington Post Women on the leading edge of the baby-boom generation are also at the forefront of other trends -- ones that may work to their detriment in retirement.Less Burden than Opportunity March 9, 2008, Martha Hamilton, Washington Post Filing your taxes offers a real opportunity to plan for retirement. It's a time when you can boost -- or begin to build your retirement savings.Saving becomes a campaign issue January 27, 2008, Jonathan Peterson, LA Times In a sign of changing times, a dawning reality that millions of workers face an income squeeze when they retire has elevated the once-personal matter of building a nest egg to the national political agenda.  Search all news
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 Automatic 401(k) Automatic Enrollment: Adding automatic enrollment to a company plan has been found to increase plan participation among new hires from 49 percent to 86 percent. Automatic Escalation: Employee contributions would automatically increase in a preset manner so that as the employee's earnings increase the contribution rat rises accordingly. Automatic Investment: Most individuals are overwhelmed by investment choices. With automatic investment, funds would by default be invested in balanced, prudently diversified, low cost vehicles.  click here to download (49k)
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The Retirement Security Project is supported by The Pew Charitable Trusts, in partnership with
Georgetown University's Public Policy Institute and The Brookings Institution. |
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