Several states are considering creating automatic IRAs to help bridge the gap for employees without an employer-sponsored retirement plan. Although many of these people could open IRAs on their own, the statistics show that very few do. Participation would likely be much higher in systems that require opting out, rather than opting in. Read more: http://www.cbsnews.com/news/states-aim-to-fill-pension-gaps-with-auto-iras/
