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How many of us have an employer-provided financial "nest egg" for our retirement years? Many do, but far from all of us.
This Brief examines the extent to which the 84 million American wage and salary workers 25 years old and over were covered by retirement plans other than Social Security. These include both employer-provided and employee-directed plans, such as IRA's and 401(k)'s. It also takes a look at various factors which influence coverage rates. The data were collected by the Survey of Income and Program Participation (SIPP) in January-Aprll 1987, and are compared to those collected in September-December 1984.
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