The Financial Services Roundtable announced a drive Monday called “Save 10” to prod employers to get workers to save at least 10 percent of their pay through 401(k) auto-enrollment, auto-escalation and increased employer pension contributions.
In a campaign to urge more employers to offer 401(k) retirement plans or beef up existing plans, the Financial Services Roundtable is inviting employers to become a Save 10 employer. “It’s kind of like the Good Housekeeping seal of approval,” says former Minnesota governor Tim Pawlenty who heads up the lobbying group.
Tim Pawlenty: How much to save for retirement is one of the most important financial decisions in a person’s life. Yet, more than half of Americans aren’t saving enough, or even at all, for retirement.
FSR penned an op/ed in Morning Consult highlighting the important work Congress needs to do to pass cyber threat info sharing, as well as problems that sunset amendments could pose to the strength of the bill.
FSR CEO Tim Pawlenty discusses why Congress needs to pass cyber threat information sharing legislation immediately to protect American consumers