More than 4,200 people have enrolled in Vermont Saves so far since the state launched the retirement savings program last year.

The program aims to help the estimated 80,000-100,000 Vermonters who don’t have access to retirement plans through their jobs. Women and people of color are more likely to fall into this category, as are young people , said Vermont State Treasurer Mike Pieciak.

"Because young people, potentially, are in the service economy," he said. "Maybe they're working at a restaurant, maybe in retail. It might not be their long-term career, but it's what they're doing now and they don't have access to retirement savings."

Vermont Office of the State Treasurer

It's why Pieciak said he's pleased to see that people younger than 40 make up 55% of those enrolled in Vermo

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