Tag: auto IRAs

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...

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.

For some employers, offering a state-facilitated retirement plan is the best and easiest option, but for others, sponsoring their own...

Private employers are often opting to start their own retirement plans, rather than utilize a state-run plan, in states with...

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...

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.  

Washington Saves is scheduled to debut in 2027, with the state joining 18 others that have created retirement programs for...

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

The measure would expand retirement access for the private sector workforce, joining 15 other states.

The retirement and insurance industries are backing the bill.

The CalSavers November participation report shows the state auto-IRA program has accrued nearly $700 million in retirement assets.