"As an owner of a small company #retirement is a huge deal & it was a missing piece for us." @AnnastasiaSalon owner Luke H tells @KOINNews his employees have saved $91k+ thru @ORSaves! "We hadn't put a plan in place [prior] because they were too expensive" https://t.co/B0TL5UHo6o
Our latest blog post! My Retirement PA Retirement Security Presentation Given By Lisa Massena, V.P. Government Savings, Ascensus/Former Executive Director, OregonSaves https://t.co/BlFgycvJK9
PA could design its own auto-IRA program as other states, Massena said. @ORSaves offers it to a company with just 1 employee, in @ILSecureChoice - 25 employees/company, in @CalSavers- 5 employees/company. #RetirementSecurity
Lisa Massena, formerly of @ORSaves , now with @AscensusInc says there are 5 ingredients to a good #RetirementSecurity program: availability, auto enrollment, ease of investing, automatic increase of deferral rates, and lifetime income streams
Only 5% of the 2.1 million PA residents who don't have #Retirement savings would voluntarily do so themselves. If there's an auto-IRA program, that percentage rises to 91, Mysiewicz Gill says