News & Events
News
Saving for retirement is about to get easier — and more affordable — for workers in this state
Morningstar, August 21, 2023 “The move will give 200,000 workers in Maine, who lack retirement saving plans through their employers, a chance to save for retirement on their own.”
MERIT Executive Director on Maine Public Radio
The partnership between MERIT and Colorado SecureSavings will bring benefits to Mainers and Coloradoans.
MERIT and Colorado SecureSavings enter into first of its kind Partnership
MERIT and Colorado SecureSavings have joined together to offer citizens of both Colorado and Maine the benefits of workplace retirement savings. Maine will benefit from Colorado SecureSavings’ experience and all Maine and Colorado citizens will benefit from the savings that working together offers.
State-based Automatic Retirement Savings help Mitigate $1.3 Billion Retirement Savings shortfall
Kim Olson, Senior Officer with Pew Charitable Trusts Savings Project joins Jeffrey Snyder on BRN AM to discuss the retirement savings gap and how state automatic savings programs are reducing the gap.
MERIT Executive Director Joins George Hale and Ric Tyler
Beth Bordowitz spoke with George Hale and Ric Tyler about the merits of MERIT.
MERIT Can Boost Retirement Savings
MERIT is an opportunity to boost retirement savings. Maine financial advisors discuss the need and offer tips for retirement savings. Currently, some 19 percent of elderly households in Maine rely on Social Security for 90 percent of their income. Working households in Maine have only $2,500 average retirement savings. The Maine Retirement Savings Program could…
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