Washington Voluntary Accounts: Making It Easy to Save for Retirement
Publication Date: January 2005
Publisher(s): Economic Opportunity Institute
Author(s): Marilyn P. Watkins
Special Collection: The Joyce Foundation
Keywords: Voluntary Accounts; Social Security; Retirement accounts
Reviews a proposal for Washington Voluntary Accounts (WVAs), which offer an easy mechanism for individuals to save for retirement. Addresses the importance of a retirement program for the nearly half of all workers who do not have a retirement savings plan in their workplace. Addresses concerns regarding public costs, portability of accounts, competition from private investment and increased fees for small businesses.