What types of nonemployer-sponsored retirement savings accounts are available? Q.What types of nonemployer-sponsored retirement savings accounts are available? A.The two big types are traditional individual retirement accounts (IRAs) and Roth IRAs. The main difference: When the feds take their cut. Read more about What types of nonemployer-sponsored retirement savings accounts are available?
How might low- and middle-income households be encouraged to save? Q.How might low- and middle-income households be encouraged to save? A.Expanding access to savings vehicles and scaling back deductions to provide low- and middle-income households with better incentives could make a difference. Read more about How might low- and middle-income households be encouraged to save?
What is an automatic 401(k)? Q.What is an automatic 401(k)? A.An automatic 401(k) enrolls workers automatically, assigning them a default contribution rate and allocation of funds that they are free to change later. Read more about What is an automatic 401(k)?
