New bill would provide universal retirement coverage for U.S. workers
Legislation sponsored by Senator Jeff Merkley (D-Oregon) would establish a universal savings account for all working Americans regardless of the size of their employers.
New legislation introduced Thursday would establish a retirement plan for U.S. workers who have no access to a workplace plan, building on other recent retirement coverage initiatives undertaken at the federal and state levels.
The American Savings Act, sponsored by Sen. Jeff Merkley (D-Oregon), wo
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