New programs aim to help the 55 million people without workplace retirement savings plans

New programs aim to help the 55 million people without workplace retirement plans

Center for Retirement Research

For example, there are roughly 12 million workers in the states that now have auto-IRA programs who could be enrolled. "There's no way the Secure Act comes close to solving the coverage gap in the United States," Iwry said. "But the act is a good, constructive and necessary step forward."Iwry, for instance, co-authored a proposal to create an automatic IRA. That idea was endorsed by both candidates — then-Sen. Barack Obama and Sen. John McCain — in the 2008 presidential election campaign.

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