Will State Retirement Plans Improve the State of Our Retirement Security?

A major challenge for let's call it 40% of the workforce here in the United States is access to a retirement plan at work. Recently, several states have launched retirement plans to help provide more access to workers and close the coverage gap. To discuss this and more, I am happy to welcome back to the podcast, Lisa Massena, Principal at Massena & Associates. During our conversation Lisa shares her experience and insights helping launch the state retirement plan in Oregon and now actively partnering with other states and institutions looking to improve retirement security for millions of workers.    Coming up on the podcast, we have episodes which hit on the new Pooled Employer Plans or PEPs, the impact of COVID on workplace retirement plans, a conversation with Vanguard about their decision to partner with Infosys, thoughts on retirement policy in the upcoming election and more! If you are not subscribed to the podcast, take care of that today by searching 401(k) Fridays on your favorite podcast app or going to www.401kfridays.com/subscribe.    That's it, I hope you enjoy my conversation with Lisa! Guest Bio Lisa A. Massena, CFA, is a retirement leader partnering with governments and service providers to develop savings programs focused on increasing private sector retirement coverage. In 2020 Lisa founded Massena Associates to help clients successfully navigate new spaces, achieving on-budget implementation, state of the art operations, and happy users. Services to support these outcomes include strategic advice on market position and opportunities; financial analysis; program design and development; implementation planning and support; issue expertise and testimony; marketplace updates and education; and communication. Prior to establishing Massena Associates, Lisa served on the Government Savings team at Ascensus, the nation's largest independent recordkeeper, and as the founding Executive Director of the OregonSaves program. She has also held executive positions at State Street and mPower. Lisa is a Chartered Financial Analyst and a graduate of Portland State University. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 200 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!