Tag: auto IRAs

Washington’s state-facilitated retirement savings program is scheduled to open in July 2027.

Philadelphia voters approved a city-run program, but the Alaska State Legislature failed to override the governor’s veto of its version.

The country’s largest state auto-IRA program cut fixed annual fees by $3 per participant and reduced asset-based fees by 10...

The order calls for the Department of the Treasury to launch TrumpIRA.gov by January 1, 2027, and promote awareness of...

The firm projected the plan would add between $635 billion and $983 billion in retirement saving under baseline scenarios.

Mississippi enacts the newest state-run program, while Tennessee lawmakers change gears, substituting a measure to have the state serve as...

Employers with at least 10 employees must now participate or offer their own plan.

Mayor Cherelle Parker approved legislation that allows voters to decide whether to approve the Philly Saves program.

Employer plans are ‘the more expensive way to comply with the law,’ however, according to public policy research.

The legislation would require employers which lack a retirement plan but have at least 10 employees to automatically enroll employees...

Employer compliance mandates are scheduled to take effect on April 1 next year.

Employers who are required to comply with the state-run retirement savings program will be notified and provided with registration details.

Enrollment in the state-run program is expected to become mandatory for qualifying companies this fall, according to a government fact...

The two will jointly offer retirement savings accounts to private sector workers who lack access to an employer-sponsored plan.

The selected firm will provide technical and administrative expertise for the state auto-IRA program’s development, compliance and more.

Federal tax incentives and other state policy efforts have led to more retirement plans available for employees of small businesses.

Both houses of the legislature voted in favor of the FY 2026 budget bill, which includes the provision creating the...

The state programs, administered by Vestwell, expect the partnership to reduce costs.

At least 59 million U.S. private sector workers lack access to workplace retirement plans, according to Georgetown University’s Center for...

A recent paper published by the Bipartisan Policy Center pointed out flaws in auto-IRA programs and argued in support of...