Tag: state-run retirement savings plans

Illinois-based Prero & Morgenstern found value in a pooled employer plan that it never saw in the state-facilitated option.

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.

The proposed Peach State Saves program would require employers to automatically enroll eligible workers in a Roth IRA.

The partnership on the state-sponsored IRA for private-sector employers is expected to cut costs for participants in both states.