Think income inequality is bad? Retirement inequality may be worse., By Mike Maciag, March 2018, Governing: “For years, salon owner Luke Huffstutter, of Portland, Ore., wanted to offer his employees a way to save for retirement. Costs were too steep for the small company, though, and few employees took the initiative to set up 401(k) plans on their own. But last summer, Oregon launched a retirement savings program that automatically enrolls employees in Roth IRAs, the first such state-sponsored program in the nation. Huffstutter signed up, and most of his 38 employees are now enrolled…”
Poverty-related issues in the news, from the Institute for Research on Poverty