Retirement System Inequalities by Race and Gender

This document is about gaps in retirement savings between different racial and ethnic groups, as well as between men and women. It discusses how the voluntary employer-sponsored retirement system has contributed to these disparities, with lower-wage workers, who are disproportionately people of color and women, having less access to retirement plans. The document outlines policy recommendations to address these gaps, such as reforming tax incentives, tightening eligibility rules, and expanding access through state-facilitated auto-IRA programs.