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Connecticut Takes a Big Step Towards Retirement Security for Its Residents

News Release

WASHINGTON – The Pension Rights Center applauds the Connecticut General Assembly for passing legislation that lays the groundwork for a new state-administered retirement savings plan for private-sector workers who do not have an employer-provided pension or retirement savings plan.&nbsp

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Early Tap of 401(k) Replaces Homes as American Piggy Bank

News Item

Premature withdrawals from retirement accounts have become America’s new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who needed the money to rent a U-Haul and start a new life.

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Fixing the Drain on Retirement Savings

Publication

Less than one in five American workers in private industry has access to defined benefit pension plans. As a result, most Americans’ quality of life during retirement depends on whether they have invested in retirement savings vehicles such as 401(k)s and Individual Retirement Accounts, or IRAs, and how their investments perform.

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State's leading business group down on proposed pension bill

News Item

The state's leading business group is firing a warning shot about new legislation that would require Connecticut companies not providing retirement benefits to direct employees toward a state-sponsored program.

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More New Retirement Account Proposals

News Item

Americans are way short in their retirement savings and President Obama’s MyRA plan that he unveiled last week isn’t the only new proposal that aims to help with that problem.

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Finally, a retirement plan friendly to smaller savers?

News Item

Under the president's plan, myRA retirement accounts would be available to U.S. workers who don't have access to a 401(k) plan.

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How could myRA and other proposals help with your retirement?

News Item

The U.S. retirement system isn’t working for millions of American workers. They need more help in preparing for a secure retirement.

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Harkin's universal retirement plan called a good start despite some hurdles

News Item

An ambitious idea for a universal retirement program introduced Jan. 30 by Sen. Tom Harkin, D-Iowa, is being welcomed for advancing a national debate on ways to improve retirement security, but it faces an uphill climb in Congress.

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MyRA for workers whose employers don't offer retirement plan

News Item

President Obama said last week he will add to the panoply of retirement accounts a new one aimed at workers whose employers don't offer a workplace plan.

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Experts split on value of Obama's new 'myRA' retirement account plan

News Item

President Obama's plan to address tough issues facing workers with little or no retirement savings may have issues of its own.

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