Tag: auto ira
The brief’s key findings are: Since many workers lack retirement plans at work, some states are setting up programs that require employers without a plan to enroll workers in an IRA. Oregon was the first state to launch its auto-IRA and is now providing initial data on how workers and employers have responded. On the positive side,…
The brief’s key findings are: New accounting provisions – GASB 68 – require localities in state cost-sharing plans to report their share of the plan’s unfunded liability on their books. This change severely increases the unfunded liabilities of the affected cities, though the states’ unfunded liabilities drop by a corresponding amount. The impact on our…
