Bill to create universal retirement accounts introduced
Rep. Joe Crowley
Legislation calls for employers with 10 or more employees that do not offer retirement plans to open IRAs for employees and contribute 50 cents per hour worked per employee.
Legislation creating universal retirement accounts for American workers was introduced Wednesday by Rep. Joe Crowley, D-N.Y.
The proposed SAVE UP — Secure, Accessible, Valuable, Efficient Universal Pension accounts — bill calls for employers with 10 or more employees that do not offer re
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