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Ed Murphy's Empower Retirement Post, 5 Policy Fixes

Five policy fixes to help small employers with retirement plans

More than 55 million working Americans — roughly half of all workers ages 18 to 64 — do not have access to an employer-sponsored retirement plan. Typically, these Americans work in the private sector for companies that employ fewer than 100 individuals.

We need to solve the retirement plan problem for small employers — one way or another.

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Peer comparison drives higher retirement savings rates

Peer comparison drives higher retirement savings rates

It shouldn’t come as much of a surprise that when it comes to keeping up with the Joneses, the world of retirement savings is not all that different. People have a desire to know how their efforts compare with the efforts of their peers. Showing participants this data can be a game changer when it comes to better preparing Americans for retirement.

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