Thank you for sharing!

Your article was successfully shared with the contacts you provided.
abstract image of figure crosing tiny bridge over gray swirling landscape (Photo: Shutterstock)

A sizeable chunk of the U.S. working adult population has nothing saved for retirement and only Social Security to look forward to. Which is why several states, as well as the retirement industry, are working to bring retirement plans to employees whose employers can’t afford to offer them. To get some perspective on these initiatives, we turned to Ashvin Prakash, Director of Product Development at Ubiquity Retirement + Savings, who oversees the strategic roadmap for Ubiquity’s retirement solutions for small businesses across the country. With over 15 years of financial services experience, Prakash is responsible for identifying, designing and launching new products. Founded in 1999, the San Francisco-based company offers customizable, flat-fee retirement plans for small businesses.

BenefitsPRO: What was the inspiration behind the state-mandated retirement program and what does it hope to accomplish?

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

C.J. Marwitz, editor, BenefitsPRO

C.J. Marwitz, editor, writes and acquires content for the retirement advisor/plan sponsor audience at BenefitsPRO. Marwitz also considers contributed bylines on 401(k)s, pensions, financials with a DE&I focus, litigation, regulation, best practices and op-eds.  A former technology editor, advertising copywriter, and academic advisor, Marwitz is the mother of three and walker/stick-thrower to a Welsh Corgi named Leeloo Dallas Multipass.

More from this author



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.