Tag: state-facilitated retirement savings program

While it took nearly 5 years to reach $500 million, it took half that time to reach $3 billion, according...

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

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

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

Davis has been part of the program’s executive committee since he was elected state treasurer in 2021.

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...

Approved in 2019, RetireReady NJ launched in July in coordination with Vestwell.

A pilot program of RISavers administered by Vestwell is expected to begin in the spring of 2025, with a full...

More than 2 million Americans have been blocked from enrolling in auto-IRA programs due to failing identity verification, according to...

For the smallest of employers, offering a state auto-IRA program provides minimal administrative and fiduciary burdens.

The Delaware EARNS plan officially opened for registration, Vermont Saves is on track to launch sooner than anticipated and Rhode...

Private-sector employers with five or more employees would be required to offer a retirement plan under the bill.

New research from the Georgetown Center for Retirement Initiatives reveals that state auto-IRA policies have a significant impact on labor...

Speakers at the Milken Institute’s 2024 Global Conference discussed ways the industry can address longevity issues, access to retirement savings,...

Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.

The Hawaii Retirement Savings Program currently requires employees to opt in and does not include automatic enrollment.

The state is allowing employers with 25 or more employees to enroll in a pilot auto-IRA program, dubbed RetireReady NJ.

Vermont said the state will negotiate an agreement this year to help establish the new program, VT Saves.  

The Evergreen State will join 15 other states to offer a state auto-IRA program to private sector workers who currently...