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President Obamas MyRA program, which kicked off in January, drew skeptics from the start.
The move will put the company in charge of managing approximately $84 million in assets for the more than 800 employees of the university.
While the U.S. dominates the global picture in terms of size, how are we faring compared with other countries, both large and small?
The ICI's latest report offers mostly good news, though not the sort to cause champagne corks to pop.
With guaranteed lifetime income getting all kinds of attention nowadays, its only natural that increasingly, more plan providers should leap aboard.
Low inflation and low interest rates are helping but income inequality and inadequate health care access keep the U.S. at the bottom of the top 20.
Assets in U.S. retirement funds reached $22.1 trillion last year after gaining 9 percent year-over-year.
When it comes to their finances, putting aside funds for retirement is way down the list for Americans in 2015.
To be considered among the best states to grow old, senior citizens in the states had to have relatively strong income security.
The company also is looking to bring aboard more than 3,000 college interns across the country.