Mississippi enacts the newest state-run program, while Tennessee lawmakers change gears, substituting a measure to have the state serve as a custodian for federal Trump Accounts.
According to the U.S. Postal Service, the interruptions ‘will not affect the benefits of future or current retirees’ as it deals with mounting costs and uncertain long-term stability.
Plan closures, persistent asset leakage and growing disparities in costs and coverage underly an industry that exceeded $10 trillion in assets at the end of 2024.
The Hoosier state is the first in the U.S. to require digital assets be an investment option in public defined contribution plans via a brokerage window.