Treasury Secretary Jacob Lew announced that the administration's "myRA" retirement plan will be available nationwide, with an expanded menu of funding options.
Municipal bond sales in the U.S. are set to decrease in the next month while the amount of redemptions and maturing debt rises.
Almost half of U.S. workers didnt have a company- sponsored retirement plan in 2013, compared with 39% in 1999, according to an analysis of Census Bureau data by the Schwartz Center for Economic Policy Analysis at the New School for Social Research in New York.
The median state pension last year had 70% of the assets needed to meet promised benefits, up from 69.2% in 2013.
Small market participants have less access to support and appear to be less knowledgeable and engaged in their workplace retirement plans.
T. Rowe Price Group has no immediate plans to begin offering active exchange-traded funds, the Baltimore Business Journal reports.