Sass, Steven A. Can we increase retirement saving?. Issue in Brief 16-15, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2016. http://hdl.handle.net/2345/bc-ir:107184.
The briefs key findings are: (1) Todays workers must save on their own for a secure retirement, so researchers have examined existing options for encouraging them. (2) Tax incentives: recent research suggests that increasing the generosity of tax incentives for 401(k)s and IRAs would not significantly increase saving. (3) 401(k) design: auto-enrollment has boosted participation, but, to date, low default contribution rates and little auto-escalation have dampened the rise in saving. (4) Auto-IRAs: recently adopted by some states, they would require employers without a plan to enroll their workers in an IRA, with the ability to opt out.