Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers

Posted on 12/31/22 by The AARP Bulletin

People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — about 492,000 — work for employers who don’t offer a traditional pension or retirement savings plan.

With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.

The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.

Stay apprised of AARP activities at aarp.org/ms.

This story is provided by AARP Mississippi. Visit the AARP Mississippi page for more news, events, and programs affecting retirement, health care, and more.

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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
						<div class="posted-on">
				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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					<h2 class="title"><a href="/aarp-event/aarp-co-virtual-low-impact-kickboxing-online-co-1029-12102024-ghnwhdwwlyh.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-EXERCISE-CLASS-TRY-LOWIMPACT-KICKBOXING">Exercise Class: Try Low-Impact Kickboxing</a></h2>
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
						<div class="posted-on">
				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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		<h2 class="visible-lg">AARP Events for Jackson</h2>
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					<h2 class="title"><a href="/aarp-event/virtual-aarp-tx-advance-care-planning-made-easy-how-to-document-your-end-of-life-wishes-austin-tx-11192024-ddnjywmcg2q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ADVANCE-CARE-PLANNING-MADE-EASY-DOCUMENT">Advance Care Planning Made Easy: Document</a></h2>
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	<div class="title">Only $12 your first year with Automatic Renewal</div>
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<li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/mississippi/" target="_blank" rel="noopener">AARP Mississippi</a></li>
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
						<div class="posted-on">
				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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					<p class="time">Tuesday, Nov 19, 2024 at 10:30&nbsp;a.m. CT</p>
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
						<div class="posted-on">
				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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					<p class="venue">Zoom and Facebook</p>
					<p class="loc">Online Event</p>
					
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			<header><h1 class="article-headline">Push Under Way for Increasing Retirement Savings Options at Private-Sector Employers</h1></header>	
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				Posted on 12/31/22 
				by <b>The AARP Bulletin</b>			</div>
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        <div class="RichTextArticleBody-body"><p>People are more likely to save for retirement if they can do so at work, according to AARP research. However, 54 percent of Mississippi’s private-sector employees — <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/2022/state-fact-sheets/mississippi.doi.10.26419-2Fppi.00164.026.pdf" target="_blank" rel="noopener noreferrer">about 492,000</a></span></span> — work for employers who don’t offer a traditional pension or retirement savings plan.<br><br>With the Legislature convening in January, AARP Mississippi is advocating for a workplace retirement program that would make it easier for employees to contribute to IRA-type savings plans through automatic payroll deductions. The program would be facilitated by the state and administered by the private sector.<br><br>The accounts would be voluntary for workers and would be portable from job to job. Small-business owners are less likely to offer retirement plans, AARP research finds, and the majority of workers at Magnolia State companies with fewer than 25 employees lack access to such a plan.<br><br>Stay apprised of AARP activities at <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://states.aarp.org/mississippi/" target="_blank" rel="noopener noreferrer">aarp.org/ms</a></span></span>.</p></div>
    
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		<p><i>This story is provided by AARP Mississippi. Visit the <a href="https://states.aarp.org/region/mississippi/" target="_blank">AARP Mississippi</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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					<h2 class="title"><a href="/aarp-event/virtual-aarp-tx-advance-care-planning-made-easy-how-to-document-your-end-of-life-wishes-austin-tx-11192024-ddnjywmcg2q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ADVANCE-CARE-PLANNING-MADE-EASY-DOCUMENT">Advance Care Planning Made Easy: Document</a></h2>
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					<p class="venue">Zoom and Facebook</p>
					<p class="loc">Online Event</p>
					
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<h2>Contact AARP<br />Mississippi</h2>
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<li><i class="list-icon fa fa-envelope" alt="Email icon" title="Email icon" aria-hidden="true"></i><a href="mailto:MSAARP@aarp.org " target="_blank" rel="noopener">MSAARP@aarp.org </a></li>
<li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/mississippi/" target="_blank" rel="noopener">AARP Mississippi</a></li>
<li><i class="list-icon fa fa-map-marker" alt="Map Marker icon" title="Map Marker icon" aria-hidden="true"></i><a href="https://states.aarp.org/heres-how-to-contact-aarp-mississippi/?intcmp=SNG-LNK-AARPLOCAL-CONTACT-20140101-JACKSON-MS" target="_blank" rel="noopener">Contact Us</a></li>


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<a href="https://www.facebook.com/AARPMS" target="_blank" rel="noopener" aria-label="Open Facebook"><img alt="Facebook icon" title="Facebook icon" src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/facebook-dreamstale25.png"></a>&nbsp;&nbsp;
<a href="https://twitter.com/aarpMS" target="_blank" rel="noopener" aria-label="Open Twitter"><img alt="Twitter icon" title="Twitter icon" src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/x-logo-black.png"></a>



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