The SECURE 2.0 Act of 2022 aims to improve the retirement security of low-income U.S. households by making retirement saving easier, automatic, and more attractive. The act’s provisions focus on employer-sponsored retirement-savings plans. This brief examines how low-wage employees utilize employer-sponsored retirement-plan features, how they say they would respond to automatic contribution increases, and how job transitions impact their retirement savings decisions. Data come from the Workforce Economic Inclusion and Mobility (WEIM) survey, which collects data from a nationally representative sample of vulnerable workers in the United States.
IMPLICATIONS for SECURE 2.0
This is the second research brief in a series examining the implications of the SECURE 2.0 Act for the retirement security of low-wage workers in the United States. All briefs in the Implications for SECURE 2.0 series can be found here.
Project: Retirement With Dignity
Citation
Roll, S., Despard, M., & Miller, S. (2025). Auto-enrollment, auto-escalation, and the need for retirement plan portability: Implications for SECURE 2.0 (CSD Research Brief No. 25-11). Washington University, Center for Social Development. https://doi.org/10.7936/xsyc-qw19