As state auto-IRA programs proliferate and mature, DC plan sponsors will increasingly encounter new hires who have been in an auto-IRA for years and need help acclimating to a 401(k)-style plan.
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State Auto-IRA Programs
As state auto-IRA programs proliferate and mature, DC plan sponsors will increasingly encounter new hires who have been in an auto-IRA for years and need help acclimating to a 401(k)-style plan.
Philadelphia voters overwhelmingly approved a ballot measure authorizing the creation of the Philadelphia Retirement Savings Board to oversee “PhillySaves,” a city-run automatic retirement savings program for workers whose employers do not sponsor retirement plans
now include the self-employed.
More than three-fourths of Philadelphia voters backed city-sponsored individual retirement accounts.
Philadelphia voters approved a city-run program, but the Alaska State Legislature failed to override the governor’s veto of its version.