Tag: payroll deduction plan
Employer-sponsored retirement plans – such as 401(k)s – offer a convenient way for workers to save through contributions deducted from their paycheck. Yet, many private sector workers lack access to an employer plan. In recent years, a number of states have aimed to give such workers a payroll-based savings option by requiring employers to either…
The Senate should not throw sand into the wheels of the state Auto-IRA initiatives. At the risk of making Winston Churchill turn over in his grave, never could so much be owed by so many to so few – for doing nothing. If 100 Senators do nothing, 39 million private sector workers without a payroll-deduction…