Not everyone has a 401(k) plan, either because they don’t have access to one at work, or they aren’t participating in it (more than 55 million Americans do not have access to such a plan). States are beginning to tackle this issue by creating auto-individual retirement accounts for people without access to a workplace savings program. The problem is that, because these would be state-run plans, they would not be easily movable if someone were to leave the state, and therefore create numerous accounts with small balances.