News

Don’t have a retirement plan? You aren’t alone. But the state you live in might be working on solving that problem.

According to data from the National Institute on Retirement Security, 59% of working-age people in America don’t have any money in a retirement account—whether an employer-sponsored 401(k) or an IRA—and aren’t covered by defined-benefit pensions. For those who do have a retirement account, most have balances smaller than their annual income.