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State-Facilitated Retirement Plans Hit $1B in Assets as Programs Continue to Launch

19 states have initiated programs to help workers prepare for retirement, and early adopters California, Oregon and Illinois account for most of the accumulated assets so far.

Assets in State-Facilitated Retirement Plans Top $1B | Chief Investment Officer

Led by programs in California, Oregon and Illinois, the pace of savings growth in state plans is accelerating.

Retirement Savings Gap Widens Further Between High, Low-Income Employees

High-income households increasingly hold larger retirement account balances than lower income households and are more likely to reap tax perks associated with workplace plans, GAO research shows.

401(k) balances highlight major wealth inequality, GAO says

A review of 401(k)s shows account balances that are emblematic of widening wealth inequality among older Americans, the GAO found.

The Cost of Federal Regulation