How to Make Secure Choice Retirement Plan Work

Warren Buffett, who knows something about accumulating wealth, famously said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.” In other words, if you want a comfortable retirement—start saving early.

Many Americans follow Buffett’s advice by participating in a 401(k) or similar employer-sponsored retirement plan. However, a recent analysis by The Pew Charitable Trusts shows that 30 million full-time employees do not have access to any kind of employer-based retirement benefit—and 13 percent of them live in one state: California. According to Pew’s research, only 51 percent of California employees have access to a workplace retirement plan, below the national average of 58 percent. And among all California workers regardless of access to a plan, only 44 percent participate. 

Read the full editorial in The Sacramento Bee

Chris Hoene is executive director of the California Budget & Policy Center. John Scott directs the retirement savings project for The Pew Charitable Trusts.


Read more here: http://www.sacbee.com/opinion/op-ed/soapbox/article114978443.html#storylink=cpy
America’s Overdose Crisis
America’s Overdose Crisis

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Quick View

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Article

37 Scientists Pioneering the Future of Biomedical Research

Quick View
Article

Biomedical researchers are at the heart of nearly every medical advancement. From cutting-edge cancer treatments to breakthrough discoveries about emerging viruses, these scientists use creativity and ingenuity to explore new horizons in human health and medicine. And for nearly 40 years, The Pew Charitable Trusts has supported more than 1,000 early-career researchers committed to this work.

Composite image of modern city network communication concept

Learn the Basics of Broadband from Our Limited Series

Sign up for our four-week email course on Broadband Basics

Quick View

How does broadband internet reach our homes, phones, and tablets? What kind of infrastructure connects us all together? What are the major barriers to broadband access for American communities?