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Abstract
Researchers, policymakers, workers and employers continue to grapple with how to respond to the ongoing retirement crisis in the United States, one that’s likely to hit middle-income earners hardest, according to Barbara Smith, a senior economist in the Office of Retirement Policy at the Social Security Administration .
In Addressing the Retirement Savings Crisis in the United States: The Role of Employer-Provided Financial Education , Smith examines a number of studies that measure the effectiveness of financial education programs. She concludes that there is indeed strong evidence for the effectiveness of workplace-provided financial education. Smith described her work and several key findings in this interview with Institutional Investor Journals .
TOPICS: Retirement, legal/regulatory/public policy, in wealth management
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