Hartford Courant April 30, 2016 The Connecticut House just passed a bill to mandate that employers who don’t have retirement plans for their workers participate in a new state-sponsored plan, essentially a public IRA, which gives workers the option of saving for retirement. The Senate should pass the bill and Gov. Dannel P. Malloy shouldContinue reading “Retirement Savings Plan for Private Workers Only Partial Solution”
Category Archives: State Retirement Savings Plans
The New State Retirement Savings Plans: Public Options vs. Corporate Business Development
Huffington Post (October 15, 2015) A key source of the growing retirement crisis is that employers of over half of private sector workers do not provide retirement plans beyond mandatory Social Security, which was not designed to proved full retirement security. In response, twenty-five states are developing retirement savings plans to which the affected workers couldContinue reading “The New State Retirement Savings Plans: Public Options vs. Corporate Business Development”