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Author
Pub. Date
2020.
Description
Study approaches to increase the amount of retirement savings by Colorado's private sector workers. The Board evaluated three approaches to expand coverage and increase retirement savings for the more than one million Coloradans who currently lack access to a work-based retirement plan: establishing a retirement savings marketplace, establishing a payroll deduction Auto IRA, and increasing financial education in the state.
Author
Pub. Date
2020.
Description
The Colorado Secure Savings Plan Board has commissioned Econsult Solutions, Inc. (ESI) to study the impact of insufficient retirement savings among Colorado's current and future retirees on the state's fiscal and economic position. This analysis demonstrates that the financial capacity of elderly households to maintain their living standards during their retirement years has significant impacts for the state's fiscal and economic health, in addition...