Reflecting the growing concern over health care costs and economic issues, American workers’ confidence in being able to afford a comfortable retirement decreased over the past year by a rate unmatched in the 18 years of the Retirement Confidence Survey® (RCS), according to results released today.
With half of all working Americans not covered by a retirement plan at their workplace, many states across the country (including Washington) are taking an interest in Universal Retirement Savings Accounts (UVRAs). UVRAs make it easier for individuals to save for retirement through work and for businesses without pension plans to offer one to their employees.
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