Low retirement participation is often a simple information problem employers can fix

Evidence

At the small-business level, more employers should do what the personnel director at Washington and Lee did for me years ago: let each of their employees know if they are not participating, and encourage them to do so. And if there are concerns that black employees will be unable to afford contributing to a retirement account, then it will be incumbent upon employers to ensure that black employees are not steered into lower-paying jobs and make sure they are paying their black workers fairly in whatever jobs they hold. — Dorothy A. Brown, The Whiteness of Wealth, 408

Categorization

• XREF: connects to: Automatic retirement enrollment eliminates the racial participation gap among low-wage workers — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 386; Black employees participate in retirement plans far less than whites even when offered access — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 385; Retirement plan access varies by employer so advisors urge workers to self-start IRAs — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 532 (+2 more)
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Automatic retirement enrollment eliminates the racial participation gap among low-wage workers — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 386; Black employees participate in retirement plans far less than whites even when offered access — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 385; Retirement plan access varies by employer so advisors urge workers to self-start IRAs — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 532 (+2 more)

Broader Connections

• Black employees participate in retirement plans far less than whites even when offered access #complicates (0.86) — Dorothy A. Brown, The Whiteness of Wealth, 385
• Black workers participate less in retirement plans and hold lower balances at equal salaries #complicates (0.86) — Dorothy A. Brown, The Whiteness of Wealth, 383
• Automatic retirement enrollment eliminates the racial participation gap among low-wage workers #complicates (0.83) — Dorothy A. Brown, The Whiteness of Wealth, 386
• White workers are more likely than black workers to have employer-provided retirement accounts #complicates (0.82) — Dorothy A. Brown, The Whiteness of Wealth, 384