Hurrah June - you bring something for everyone! We've just celebrated our Memorials, and now we are headed toward Juneteenth on our way through Pride month. Yes, we like inclusivity. So, grab your iced coffee and let's catch you up on retirement savings coverage, innovation, and inclusion:

• Making retirement savings an inclusive instrument of wealth creation

• State metrics

• Updates from California, Colorado, Hawaii, Minnesota, and Nevada

• Pat GPT on how generative AI can be used to solve today’s challenging retirement, saving access, and inclusion puzzles

• Hot Sauce! …

• And celebrating family in our PIX of the Week!

Determining the “default” investment for savers who do not make a decision about where to direct their contributions is a weighty decision. The downside of putting the money into investments that carry more risk, and a greater potential for loss, is obvious. But parking the contributions in a “safe” investment with lower risk means participants’ accounts may not grow sufficiently to provide significant income security in retirement. Increasingly, target-date funds (TDFs) have become a popular solution.