Today, the U.S. Department of Treasury launched its myRA retirement savings option, which is designed to, in part, fill the void for the more than 50 million Americans without access to a workplace savings plan.

"Once people start saving they're likely to continue," said Treasury Secretary Jack Lew in a video statement.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.