Charlie Turner

speaker

4,985 appearances 165 recordings 1 series first heard Jul 2017 last heard Aug 2021

Charlie Turner’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · States Tackle Retirement-Savings Gap · 7 Jul 2020 podcast

Joining us is Wall Street Journal contributor Bailey McCann. voice-verified

Bailey, a lot of people don't have money set aside in a retirement plan. voice-verified

Why is that and why is it a problem? voice-verified

In recent years, states have been trying to address the retirement plan gap. voice-verified

What are they doing? voice-verified

Okay, you mentioned the auto IRA. voice-verified

Colorado has put this in place. voice-verified

How exactly does it work? voice-verified

How are some other states approaching the issue? voice-verified

There are some other programs, aren't there? voice-verified

Okay, so 10 states so far are offering these programs, and a majority of the remaining states are considering offering them. voice-verified

And these programs are still relatively new. voice-verified

How are they working out so far? voice-verified

Some of these retirement offerings have been controversial, like California's. voice-verified

Why is that? voice-verified

Okay, so for someone with one of these plans, are there things to know about how to manage the money during retirement? voice-verified

Are there provisions to be aware of? voice-verified

Wall Street Journal contributor Bailey McCann, thanks for joining us. voice-verified

And that's your Money Briefing. voice-verified

I'm Charlie Turner for The Wall Street Journal. voice-verified

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