On February 10, 2021, the Wisconsin Retirement Security Task Force, established in 2019 by the Governor’s executive order, published its final report recommending policy solutions to improve retirement security for Wisconsinites. The report recommends a state-facilitated auto-IRA in addition to developing options to save for emergencies and a new child’s savings account. The CRI is honored to have contributed to the work of this Task Force.
For an overview of current state programs and features, see State-Facilitated Retirement Savings Programs: A Snapshot of Plan Design Features
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FEDERAL LEGISLATIVE PROPOSALS
- U.S. House Ways and Means Committee, A Bold Vision for a Legislative Path Toward Health and Economic Equity, January 2021 (retirement policy provisions)
- Encourage Americans to Save Act (“EASA”)
- Hearing: “Investigating Challenges to American Retirement Security,” Senate Finance Committee, Pension Subcommittee, December 9, 2020
- Securing a Strong Retirement Act of 2020
- Resolution to Support the Goals and Ideals of National Retirement Security Month
- Retirement Security Lost and Found Act of 2020
- Small Employers Credit for Military Spouses Act
INTERNATIONAL PROGRAMS
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CRI PODCAST
Episode 20: How Would Virginia Benefit from Expanding Access to an Auto-IRA Retirement Savings Program? (February 24, 2021)
Episode 19: What are the Potential Benefits of National Universal Access to Retirement Savings? (December 16, 2020)
Episode 18: Why Is CalSavers the Big, Bold Solution Needed by 7.5 Million Workers? (November 4, 2020)
Episode 17: What Are Some Innovative Approaches to Addressing the Financial Well-Being and Lifetime Income Needs of Retirement Plan Sponsors and Participants? (September 25, 2020) Industry Insights Edition
Episode 16: Retirement Savings in the Time of COVID-19: International Best Practices to Address Challenges (August 21, 2020)
Episode 15: How Might the COVID Economy and Upcoming Elections Reshape the Future of Retirement? (July 14, 2020)
Episode 14: What Have Pennsylvania and Colorado Learned Analyzing the Costs of Retirement Insecurity? (June 10, 2020)
CRI IN THE NEWS
States’ Auto-IRAs Already Bolstering Biden Retirement Agenda (Bloomberg Law, February 23, 2021)
Lawmakers Approve Public Option for Retirement Savings (VPM, NPR News, February 19, 2021)
Auto-Enrollment Called Key to Savings for Transient Workers (Bloomberg Tax, February 8, 2021)
Universal Retirement Coverage Could Help 40 Million Private Sector Workers (Planadviser, February 4, 2021)
Virginia presses on with auto-IRA bill (InvestmentNews, February 1, 2021)
Universal access to retirement savings might address savings shortfall: Report (BenefitsPro, January 12, 2021)
Saving at Work for Retirement: A Perk Coming to More States in 2021 (New York Times, December 22, 2020)
Nationwide employer mandate could dramatically boost retirement savings (Employee Benefit News, December 21, 2020)
US Urged to Adopt Auto-Enrolment to Address Pension Crisis (Financial Times, December 19, 2020)
Closing The Savings Access Gap (Life & Health Advisor, December 15, 2020)
Study: National access policy would slash savings gap (Pensions & Investments, December 15, 2020)
Will ‘National Universal Access’ to 401k Plans Increase Coverage? (401K Specialist, December 15, 2020)
Idaho faces retirement savings gap (Idaho Press, November 5, 2020)
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