State Auto-IRA Challenges Demonstrate Need for Federal Retirement Program, per BPC
A recent paper published by the Bipartisan Policy Center pointed out flaws in auto-IRA programs and argued in support of...
Tag: auto IRAs
Benefits |
New Jersey Auto-IRA Program Reaches $1M in Retirement Savings
Approved in 2019, RetireReady NJ launched in July in coordination with Vestwell.
Benefits |
Rhode Island Partners With Connecticut to Launch Auto-IRA Program
A pilot program of RISavers administered by Vestwell is expected to begin in the spring of 2025, with a full...
Customer ID Program Poses Challenges for State Auto-IRAs
More than 2 million Americans have been blocked from enrolling in auto-IRA programs due to failing identity verification, according to...
Benefits |
The Case for State Auto-IRAs: ‘Simplest Avenue’ to Facilitate Retirement Savings
For the smallest of employers, offering a state auto-IRA program provides minimal administrative and fiduciary burdens.
From Auto-IRAs to PEPs: How Small Employers Can Offer Retirement Savings
For some employers, offering a state-facilitated retirement plan is the best and easiest option, but for others, sponsoring their own...
Benefits |
Research Examines Why State Auto-IRA Policies May Drive Private-Plan Creation
Private employers are often opting to start their own retirement plans, rather than utilize a state-run plan, in states with...
Benefits |
Auto-IRA Programs Progress in Several States
The Delaware EARNS plan officially opened for registration, Vermont Saves is on track to launch sooner than anticipated and Rhode...
Benefits |
Rhode Island Becomes 20th State to Pass Retirement Savings Program
Private-sector employers with five or more employees would be required to offer a retirement plan under the bill.
Rep. Richard Neal Proposes Near-Universal Federal Auto-IRA Program
The retirement and insurance industries are backing the bill.
How to Encourage Collecting Social Security at 70
A report from the New School outlines some policy options to encourage later collection.
Benefits |
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...
Federal Auto-IRA Bill Re-Introduced
The bill would have a 5% match and be administered by the Department of the Treasury.
Benefits |
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.
DCIIA Announces Lisa Massena as New COO
Massena, the founder of Massena Associates, brings experience on state-sponsored private-sector plans and a focus on innovations and best practices...
OregonSaves Program Is Helping Boost Employees’ Retirement Savings
Academic research analyzed the auto-enrollment IRA program for private sector workers.
New York Secure Choice Savings Program Could Become Automatic
A proposal passed by a wide margin in the New York State Assembly would ensure that private-sector employees are automatically...
Opinions |
Retirement Policy and Washington Politics Don’t Always Mix
Former PBGC Director Charles E.F. Millard discusses the benefits of automatic IRAs and the downfalls of eliminating tax incentives for...