Since 2012, over half the states in the U.S. have passed legislation to set up or study state-sponsored retirement savings programs for the more than 30 million full-time private sector workers without access to a savings option across the country.
In an effort to help guide effective policy, researchers at Pew Charitable Trusts set out to analyze the approaches states are taking so far, and the obstacles they can expect to face in crafting workable programs.
The analysis identified three approaches states are taking.
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