State auto-IRA progams

Munnell, Alicia Haydock, Anek Belbase, and Geoffrey Sanzenbacher. “State auto-IRA progams”. Issue in Brief 16-19, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, December 2016. http://hdl.handle.net/2345/bc-ir:107243.
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Abstract

The brief's key findings are: (1) State auto-IRA programs for private sector workers are intended to pay for themselves. (2) This goal is achievable in the long run, but auto-IRAs will incur losses initially. (3) The keys to financial self-sufficiency are to: keep per-account costs low; set meaningful participant contribution rates; and charge higher fees initially or finance start-up costs over a longer period.

Title
State auto-IRA progams: The keys to financial self-sufficiency
Author
Munnell, Alicia Haydock
Belbase, Anek
Sanzenbacher, Geoffrey
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
December 2016
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
16-19
Persistent Link
http://hdl.handle.net/2345/bc-ir:107243
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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