Tag: state-run retirement plans

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

The Board, or its designee, will review the investment performance of each investment option and underlying investment fund at least...

Other state plans lag behind, but the Golden State’s program continues to welcome more registered employers and participant-funded accounts. 

Former Pendal Group CEO Nick Good will report to CEO and Chair David Musto.

A bill to create a similar auto-IRA program in Pennsylvania is awaiting a Senate vote.

Legislators in Missouri and Minnesota passed bills to expand access to retirement savings for private sector employees, and Vermont legislators...

Bill introduced in Nevada Senate includes auto enrollment but faces long road ahead after similar bills died in committee in...

The state-managed auto-IRA program launched in September 2022 and should cross $1 million in AUM in the coming days.

CalSavers access was boosted for an estimated 750,000 workers, according to the state of California.   

Lawmakers and states are making efforts to address the perceptions that some businesses are too small to offer a plan...

An AARP poll taken in Michigan shows bipartisan support for state-operated retirement savings programs for private sector workers.

The bills introduced in the state legislature would require companies with 10 or more employees that have been in business...

A bill passed by state lawmakers would direct the state’s 529 plan board to set up and administer VirginiaSaves.

More employers are also likely to offer automatic emergency savings, a Millennium Trust executive says.

The legislation provides for a state-run auto-IRA program as well as a marketplace from which employers can choose low-cost retirement...

A federal court judge found no impermissible reference to or connection with ERISA plans in the statute establishing California’s state-run...

However, the deadlines for employers to register stretch out to 2022, so the data could improve over time to approach...

The Employee Benefit Research Institute also found an expansion of 401(k) safe harbor plans nationwide would reduce the deficit by...

The lawsuit alleges the act that created the Secure Choice program “violates the Supremacy Clause of the United States Constitution...

The state-run retirement program for private-sector employees is reporting $25 million saved for retirement, and has announced expansion to more...