Helping More People Save for the Future

David Franklin

Many Montanans find themselves financially vulnerable when they retire, with little money saved for their post-
employment years. AARP Montana is urging lawmakers to create the Montana Optional Retirement for Employees (MORE) savings plan, which would give more private-sector workers a way to save for retirement through payroll deductions.

About half of private-sector workers in the state—roughly 160,000 employees—work for employers that do not offer a retirement savings plan. People who have access to a work-based payroll-deduction plan are 15 times more likely to save for retirement than those who must contribute on their own to an IRA, according to the Employee Benefit Research Institute.

To urge your legislator to support MORE, call 406-444-4800 or go to action.aarp.org/MTSpeakOut.