N.J. Employers Could Be Forced to Provide Retirement Accounts |
The New Jersey Senate budget committee has approved a bill creating a retirement program for private-sector workers that are not offered employer-sponsored plans.
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3rd Circuit Reiterates Only Churches Can Establish Church Plans |
The 3rd U.S. Circuit Court of Appeals has affirmed a district court ruling on an employer’s eligibility to establish a church plan under ERISA and the tax code. The court is the first of the appellate courts to rule on recent church plan litigation.
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10 Technological Developments of 2015 |
New Jersey is the latest state to make a move toward a state-run retirement plan for private-sector workers.
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Taking on Health Care Expenses |
While a recent report from the National Association of Government Defined Contribution Administrators estimates that a 65-year-old couple retiring today should expect to spend $220,000 on health care over the course of a 20-year retirement, the costs could range as high as $400,000.
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