Tag: OregonSaves

Two businessmen shaking changes behind human resource graphics

The Pew Charitable Trusts recently reported that retirement assets in active auto-IRA programs have reached $1 billion.  Auto-IRAs, which began in 2017 when Oregon launched its OregonSaves program, now are up and running in six other states: Illinois Secure Choice (2018), CalSavers (2019), MyCT Savings (2022), Maryland Saves (2022), Colorado SecureSavings (2023) and RetirePath Virginia…

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Left to their own devices, Americans who lack a retirement savings plan at work do not usually take the initiative to set up an IRA and save on their own. Oregon lawmakers decided to do something about that, and a new study finds that their approach of requiring employers without a plan to automatically enro…