Make IRA's Automatic

Roughly half of working Americans - 71 million people - have no employer-sponsored pension plan. The nation's personal savings rate is below zero, meaning Americans, on average, spend all they earn and then some. Social Security has promised future retirees more than it has money to pay.

Those worrisome signs, a retirement income disaster in the making, are good reasons why Congress should urgently consider a proposal for automatic individual retirement accounts developed by The Retirement Security Project.

Make IRA's Automatic
Source: Newsday.com