News & Events
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.
Beth Bordowitz spoke with George Hale and Ric Tyler about the merits of MERIT.
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…
Maine workers who do not have access to retirement savings options will soon gain access through Maine’s very own IRA savings program. Back in 2021 Governor Janet Mills approved legislation which promotes more accessibility to save for retirement through public and private partnerships. The program was slated to begin in April 2023 however the bill’s…
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