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Colorado and New Mexico partner on auto retirement plans
The partnership will be first multistate auto-IRA program in the country.
Vestwell to buy BNY’s Sumday auto-IRA and 529 business
The deal would catapult Vestwell to serving as program manager for nearly $20 billion, with the acquisition adding about 800,000 participants and 17,000 small employers to its book of business.
New York State mandates auto-IRA plan
Private-sector employers that don't offer a retirement plan are now required to enroll workers in the state's program.
Toward a national auto-IRA
While industry groups argue the programs will take business away from advisers, there are still ways to get involved in the retirement planning process.
UK experience suggests small-business plan mandate works
Most employers find administration of a retirement plan to be ‘easy,’ and participation in retirement plans rises significantly.
Maine legislature passes auto IRA bill
The Maine Retirement Savings Program would allow private-sector workers to contribute to a Roth IRA from their paychecks. The bill has gone to Maine Gov. Janet Mills.
State-sponsored retirement plan proposed in Delaware
The bipartisan bill aims to help the 52% of employees in the state who don't have access to a retirement plan at work.
New York City Council mandates auto-IRAs for small companies
The portable city-run plan would not require employer contributions.
Oklahoma bills show auto-IRAs making headway in non-blue states
The state is the latest among many that have taken steps toward adopting such programs, which are intended to dramatically expand access to retirement savings plans at work for employees of small businesses.
DOL backs off from CalSavers lawsuit, but damage may be done
While the Labor Department has ended its support for the suit seeking to invalidate California's auto-IRA, the analysis in its amicus brief is still part of the record before the court.
Auto-IRA states, AARP blast CalSavers lawsuit claims
Oregon, Illinois and others are backing California in a legal attack on the state's auto-IRA system, while the Trump administration has taken the opposite side
National auto-IRA program would boost U.S. retirement savings
The retirement savings deficit would fall by $456 billion, according to new research.
Oregon auto-IRA success shows national program would ‘work well,’ advocate says
Program has amassed nearly $3 million in just a few months.
Oregon becomes first state to launch auto-IRA program
Some see the implementation as a watershed moment for these retirement plans.
