Retirement savings are the second-largest source of household wealth for Americans, with over $10 trillion in assets across the defined contribution (DC) system. Yet we know that this system is inequitable and is not creating security and wealth for everyone. Access to retirement savings is foundational, but 45 million workers lack a workplace retirement savings option

This week we talk with our friend Geoffrey Sanzenbacher about his new book, The Six Facts that Matter: Understanding Inequality in the United States. Geoff (Dr. Geoff, to you!) is an econ professor and Research Fellow at the Center for Retirement Research at Boston College. In addition to working with students, Geoff researches the role of cognitive decline in late-life finances, the retirement savings decision, and the transition from defined benefit to defined contribution pensions.

What can state Auto IRA programs learn from 2020’s top Defined Contribution studies? Grant Boyken takes a look and gives some tips.