This kind of publicity and advocacy drives me nuts. It should also be insulting to the target audience. What it really says is that Americans working for small business are clueless. Of course “they have a way to save for retirement;” they have several ways, including setting up a automatic saving plan if they so choose.
They have two types of IRAs, they have the MyRa set up by the Obama administration as the retirement salvation for lower income workers. They can invest periodically in a brokerage account, they can tuck cash under the mattress if they so choose.
Instead of Americans exercising individual responsibility, the various states feel compelled to set up yet more savings plans on their own, adding a new burden to small business, creating yet another bureaucratcy and requiring workers to opt out of saving.
Is it time we just admit that many Americans simply can’t function without government holding their hand?