Retirement in America Underfunded 401ks and Forgotten IRAs
Retiring in America isn’t easy.
From underfunded 401(k)s to forgotten IRAs, retirement in America is fraught with challenges. These challenges are exacerbated by deficits in financial literacy that disproportionately impact groups that are at a higher risk for financial insecurity in retirement—including those with low incomes, minorities, and women.
During Retirement in America: Underfunded 401(k)s and Forgotten IRAs, an Economic Mobility Project virtual event, we shared new research and explored policies and challenges impacting retirement savings for millions of American households.
Retirement in America: Underfunded 401(k)s and Forgotten IRAs
Retiring in America isn’t easy.
From underfunded 401(k)s to forgotten IRAs, retirement in America is fraught with challenges. These challenges are exacerbated by deficits in financial literacy that disproportionately impact groups that are at a higher risk for financial insecurity in retirement—including those with low incomes, minorities, and women.
Policy Briefs
During Retirement in America: Underfunded 401(k)s and Forgotten IRAs, an Economic Mobility Project virtual event, we shared new research and explored policies and challenges impacting retirement savings for millions of American households.
The event featured presentations by:
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Enrichetta Ravina
Senior Economist, Federal Reserve Bank of Chicago
“Retirement Savings Adequacy in U.S. Defined Contribution Plans” -
Shanthi Ramnath
Senior Economist, Federal Reserve Bank of Chicago
“Set It and Forget It? Financing Retirement in an Age of Defaults”
The presentations were followed by a moderated discussion featuring:
Moderator
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Kristin Myers
Journalist, The Balance
Panelists
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Annamaria Lusardi
Professor of Economics and Accountancy at the George Washington University School of Business -
J. Mark Iwry
Visiting Scholar, Wharton School, University of Pennsylvania, and Nonresident Senior Fellow, Economic Studies, Brookings Institution -
Sita Nataraj Slavov
Professor of Public Policy, George Mason University, and Nonresident Senior Fellow, American Enterprise Institute
