Retirement Security Matters: October 19, 2023
As the Northern Hemisphere prepares for winter’s arrival, we’re bringing you exciting updates to dive into this October. Cozy up with a blanket and a warm cup of cocoa as we explore the latest in retirement security, including a closer look at the Retirement Savings Report Card, fresh September data on State Auto IRA metrics, key updates from Vermont, and a roundup of this week’s must-reads in Hot Sauce, Cool Stuff. Don’t miss our Pix of the Week to top it all off!
Grant’s Go-To’s: SFRP Withdrawals - Pandemic Panic or Panacea?
SFRPs taking a hit during the pandemic? Despite concerns about how pandemic related un- and underemployment might increase withdrawals from state-facilitated retirement savings programs (SFRPs), contributions remained steady and withdrawals increased only slightly.