Lawmakers Want to Help You Save More in Your 401(k)

Legislation to encourage retirement savings is on deck in Congress, but critics says it’s nowhere near ambitious enough.

(Image credit: © 2018 John W. Tomac)

There’s not much that Republicans and Democrats in Congress agree on, but when it comes to retirement, members of both parties acknowledge that a lot of Americans aren’t saving enough. The problem is particularly acute for the 55 million workers who don’t have a 401(k) or other retirement plan through their job, which makes them far less likely to save.

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Eileen Ambrose
Senior Editor, Kiplinger's Personal Finance
Ambrose joined Kiplinger in June 2017 from AARP, where she was a writer and senior money editor for more than three years. Before that, she was a personal finance columnist and reporter at The Baltimore Sun, and a reporter and assistant business editor at The Indianapolis Star. Ambrose has a master's degree in journalism from the Medill School of Journalism at Northwestern University, and a bachelor's degree in art history from Indiana University.