State Guaranteed Retirement Accounts a Solution to the United States’ Retirement Crisis

NEW YORK –(ENEWSPF)–December 3, 2012. The United States faces a retirement crisis that threatens future retirees and the next generation of workers. The voluntary employer-sponsored retirement system covers fewer and fewer Americans often leaving Social Security, orginally intended as a supplement to other forms of retirement, as the major source of income for 40 percent of older Americans. Even workers still covered by an employer retirement plan have had their benefits worsen.