Data and Research | May 16th, 2024 State Auto-IRA Policies Increase Private-Sector Employment, Wages New research from the Georgetown Center for Retirement Initiatives reveals that state auto-IRA policies have a significant impact on labor...
Benefits | May 3rd, 2024 Delaware EARNS Launches Pilot, CalSavers Surpasses $1B in Contributions Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.
Administration | April 15th, 2024 Hawaii House of Representatives Passes Auto Enrollment Bill for State IRA Program The Hawaii Retirement Savings Program currently requires employees to opt in and does not include automatic enrollment.
Administration | April 11th, 2024 New Jersey to Launch Pilot of Secure Choice Savings Program The state is allowing employers with 25 or more employees to enroll in a pilot auto-IRA program, dubbed RetireReady NJ.
Administration | April 10th, 2024 Vermont Plans to Partner with Colorado on State Auto-IRA Retirement Plan Vermont said the state will negotiate an agreement this year to help establish the new program, VT Saves.
Benefits | April 2nd, 2024 Washington State Auto-IRA Law Signed Washington Saves is scheduled to debut in 2027, with the state joining 18 others that have created retirement programs for...
Benefits | March 12th, 2024 Washington State to Offer State-Facilitated Auto-IRA The Evergreen State will join 15 other states to offer a state auto-IRA program to private sector workers who currently...
Benefits | February 26th, 2024 Michigan Auto-IRA Bill Introduced The measure would expand retirement access for the private sector workforce, joining 15 other states.
Compliance | February 7th, 2024 Rep. Richard Neal Proposes Near-Universal Federal Auto-IRA Program The retirement and insurance industries are backing the bill.
Data and Research | December 12th, 2023 CalSavers Continues to See Retirement Plan Registrant Increase The CalSavers November participation report shows the state auto-IRA program has accrued nearly $700 million in retirement assets.
Benefits | December 11th, 2023 Delaware Joins Interstate Partnership to Accelerate State Auto-IRA Program The Delaware EARNS program will be available to Delaware private sector workers who don’t have access to a retirement savings...
Data and Research | December 8th, 2023 State Auto-IRA Programs Push Small Employers to Adopt 401(k) Plans Small firms in Colorado and Oregon launched 401(k) plan offerings after auto-IRA programs were enacted in those states, according to...
Compliance | December 1st, 2023 How to Encourage Collecting Social Security at 70 A report from the New School outlines some policy options to encourage later collection.
Benefits | November 17th, 2023 Illinois Secure Choice Board Approves Investment Policy Statement The Board, or its designee, will review the investment performance of each investment option and underlying investment fund at least...
Administration | October 30th, 2023 CalSavers Sees Retirement Plan Registrant Increase Other state plans lag behind, but the Golden State’s program continues to welcome more registered employers and participant-funded accounts.
Compliance | October 20th, 2023 Federal Auto-IRA Bill Re-Introduced The bill would have a 5% match and be administered by the Department of the Treasury.
Benefits | October 16th, 2023 Is It Time for an ERISA Reboot? Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage,...
Benefits | August 15th, 2023 Colorado, Maine Partner on Auto Retirement Savings Program The partnership on the state-sponsored IRA for private-sector employers is expected to cut costs for participants in both states.
Deals and People | July 20th, 2023 DCIIA Hires Former CalSavers Director Selenski The inaugural executive director of California’s state retirement savings program, Katie Selenski will consult on strategic projects for DCIIA and...
Administration | July 20th, 2023 Hawaii Seeks Executive Director to Establish State Retirement Savings Program The state’s private sector retirement plan, slated to take effect in July 2024, hopes to say aloha to its first...