Gray and Salisbury said the most positive way to look at myRA is as an incremental step to reduce the number of workers without retirement savings.
Wharton School retirement savings expert Olivia Mitchell called the low number of enrollees very disappointing.
“Mostly it wasn’t advertised, nor were employers made aware of it,” said Mitchell. “One suggestion would be for people to be able to automatically deposit all/part of their income tax refunds into a retirement account.”