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Category: In the News

  • In the NewsApril 3, 2019

    NIRS Comments on SECURE Act

    The National Institute on Retirement Security does not take positions on legislation, but told Yahoo Finance the bill’s provisions aimed at expanding access to retirement programs are an important step. “We see those things as promising, but probably not adequate to tackle the scale of the problem,” said Dan Doonan, executive director with the National […]

  • In the NewsMarch 21, 2018

    Watch NIRS on CNBC

    Diane Oakley, NIRS executive director, discuss NIRS latest research report on the struggles facing Millennials in saving for retirement. She says that a big part of the problem is that many Millennials are not eligible to save in their workplace retirement plans. Watch the full interview here:

  • In the NewsMarch 21, 2018

    66% of Millennials have nothing saved for retirement

    CNN Money covers research that finds Millennials face an uphill climb when it comes to saving for retirement. “If they are saving, it’s likely their employer offers a retirement plan, like a 401(k). More than 94% of Millennials who are eligible for a workplace retirement plan are saving. That’s about the same participation rate as […]

  • In the NewsMarch 21, 2018

    Why Millennials Should Be Saving More for Retirement

    MarketWatch covers our new research on the retirement plight of Millennials. “Two-thirds of millennials, born between the 80s and mid-90s, have not saved a dollar for retirement, and it’s worse for minorities. About 83% of Latino millennials, for example, have nothing saved, according to a report from the National Institute on Retirement Security, which analyzed […]

  • In the NewsFebruary 15, 2018

    Case Study Warns of Effect of Move From Public DB to Public DC

    Since 2009, nearly every state modified its retirement systems to ensure long-term sustainability, most often by increasing employee contributions, reducing benefits or both, according to the National Institute on Retirement Security (NIRS). During these deliberations, some retirement systems faced pressure to move from defined benefit (DB) pension plans to defined contribution (DC) 401(k)-type individual accounts, […]

  • In the NewsDecember 7, 2017

    Saving Enough for Retirement? Check Your Fitness Tracker

    Wearable fitness trackers have promised to get people moving, active, engaged, and connected. One company thinks they can even help people save for retirement. Bank of America received a patent for a system that, among other things, would create a personalized retirement score that could be updated with data from a customer’s fitness tracker. “Even […]

  • In the NewsDecember 7, 2017

    The Unsettling Truth About Women And Retirement

    Many Americans struggle with retirement planning, but women face a particularly dismal outlook. The National Institute on Retirement Security reports that they’re 80% more likely than men to be impoverished at age 65 and older. What’s contributing to the financial insecurity of aging women? Here’s a look at the variables at play. Read the full article.

  • In the NewsDecember 6, 2017

    What’s The Future Of Pensions In Kentucky?

    Kentucky has a looming pension crisis. The commonwealth expects to owe more money for state employees’ and teachers’ retirement than what’s coming in. Gov. Matt Bevin has proposed what he believes is a fix, but it’s been met with outrage by many of the state employees who would be affected. Read the full article.

  • In the NewsNovember 22, 2017

    American Families Deserve a Serious Policy Debate on Retirement Security

    With the debate on tax reform in full swing in Congress, tax incentives for savings appear to have avoided the chopping block. Yet, while sparing them doesn’t make it harder for American families to save for retirement, it doesn’t make it any easier either. There is much tax bill amending and horse trading still to […]