More Employers Offer Their Own Retirement Plans in Wake of State Auto-IRA Mandates
Research shows state mandate laws for individual retirement accounts access have led to businesses being more likely to offer their...
Tag: auto-IRAs
New House Bill Revives Push for Automatic Retirement Accounts for Uncovered Workers
The proposed legislation mandates that employers with at least 10 employees, who do not currently offer a retirement plan, must...
New York Secure Choice Opens Employer Registration
The state-sponsored savings vehicle is mandatory for private-sector employees who lack access to a retirement plan at work.
New York to Launch State Retirement Savings Program This Fall
Qualifying employers will have nine months to register in the New York State Secure Choice Savings Program, upload employee data...
Rhode Island to Launch State Auto-IRA in October
Connecticut and Rhode Island have finalized the partnership of their public retirement account programs, RISavers and MyCTSavings.
Consultant Needed for WA Saves
Washington Saves, the state's retirement savings program, needs a consultant with technical and administrative expertise for program development, compliance, procurement...
Auto-IRA Program Approved by Massachusetts Legislature
The FY 2026 budget bill includes the provision creating the Massachusetts Secure Choice program.
Rhode Island To Start Auto-IRA Program in 2025
RISavers administered by Vestwell is expected to begin a pilot in the spring of 2025 in partnership with Connecticut's state...
State 401(k) Mandates May Cause ‘Crowd-In’ Effect, Boosting Private Plans
Small employers in states with mandates may gravitate toward private market plans for factors including plan design and the perceived...
Federal IRA Bill Proposed in House of Representatives
The proposal received widespread support from the retirement and insurance industries.
Delaware Expands Auto-IRA Program, Joins Colorado Consortium
Administered by Vestwell, the program will expand retirement savings access to Delaware’s private sector workers and is fee-free for employers.
Report Outlines Policies That Could Support Social Security Bridge
A New School report includes the option of a policy or program that would incentivize collecting Social Security at age...
Bipartisan Support Shown for Federal IRA in Re-Introduced Bill
Members of Congress from both parties have been pushing for a federal auto-IRA program through the Retirement Savings for American...
Maine, Colorado to Partner On State-Sponsored Auto IRA
Maine will join Colorado’s state-sponsored employer retirement plan to reduce costs for savers in both states.
State Auto-IRAs Set for Vermont, Nevada, As Pennsylvania Awaits Vote
More states are set to offer state-facilitated retirement plans as the AARP calls for the Pennsylvania state legislature to vote...
Fears of State IRA Plans Overtaking Private Not Realized, Data Shows
States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...
Lisa Massena Hired as New COO at DCIIA
She will join December 1 as they plan to launch the Center for Retirement Savings Inclusion.
Trends
Talking Points
Plain Speak Advisers might keep in mind that when asked to choose the term that fits each definition given below, this is what plan participants said: Adviser Firms...
Compliance News
Legislative and Judicial Actions
GAO is asked to review TDFs; complementary ‘SECURE 2.0’ legislation is introduced; 2022 HSA contribution limits are inflation-adjusted; and more