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The biggest obstacle for states looking to launch auto-IRAs

Would ERISA preempt states' IRA efforts, given federal responsibility for ERISA-regulated employee benefit plans?

In mid-July, President Barack Obama issued a new pension rule directive to the Department of Labor that has likely escaped the attention of advisers focused on the agency's controversial conflicts-of-interest rule. The July 13 directive ordered the DOL to assist the growing number of states that wan

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