From Here to Security: How Workplace Savings Can Keep America's Promise

PREFACE

I didn’t plan on this when I was growing up, but building retirement security in America has turned out to be my life’s mission.

From leading the 401(k) business at Fidelity Investments in the 1980s, to becoming CEO at Putnam Investments in 2008, to helping create America’s second-largest retirement services firm, Empower Retirement, in 2014, I’ve spent more than three decades working to grow and continuously improve America’s workplace savings system.

Over 30 years ago, I was there for the infancy of the 401(k). I’ve seen multiple generations of change in workplace savings since then, as 401(k)s and other defined contribution (DC) plans expanded, evolved, and matured to become Americans’ primary source of future retirement income. ...