Good friends introduce you to good people. This week, we chat with Professor Keith Weigelt, thanks to an introduction from DCIIA’s Dominika Turkcan. Sometimes when you’re walking to work, you see something you can do something about. In this case, it involves money – and intergenerational wealth. Not all of us would start a financial empowerment program if we saw racial wealth inequality, but one man did. Here’s how it’s going.

In this edition we’ll explore the latest developments in retirement savings innovations, including state retirement plan mandates. Discover how these programs complement, rather than compete with the private sector market. So, grab something cold and read on:

• Things heard in rooms - wrapping up the spring conference season

• State metrics - OregonSaves crosses $200 million asset milestone 🥂

• Updates from Colorado, Hawaii, Illinois, Maine, New Jersey, Oregon, and Virginia

• How do firms respond to state retirement plan mandates? Insights from new research

• Hot Sauce! Some Cool Stuff for you.

• And … PIX of the Week!

As the smell of freshly brewed coffee fills rooms and a chorus of chairs squeak and shuffle to find their places, discussions on retirement savings spring to life. Gathered in these rooms are a diverse set of minds - private sector innovators, state officials, Treasury officers, legislators, policy makers - each prepared to offer their piece to the puzzle that is the future of retirement security in the United States