U.S. Contemplates Joining California Secure Choice Lawsuit
The lawsuit, alleging the act that created the program is preempted by ERISA, was filed less than a year after the Trump administration and Congress cancelled an ERISA...
Tag: state-run retirement programs
California State-Run Auto IRA Program Launched
Despite regulatory concerns and opinions that state-run plans will not close America's retirement savings gap, states still implement such programs.
Small Business Owners Prefer Financial Service Companies to Manage Retirement Plans
Eighty-nine percent of small employers surveyed said they have a high level of trust in retirement plan providers, compared to 53% for state governments.
Finance’s Reputation Problem Impacts Auto Retirement Plan Success
Industry pros know there are big differences between financial services providers in termsof business models and their willingness to embrace fiduciary best practices—but many non-investors see a monolithic...
Workers Reacting Positively to OregonSaves Retirement Program Opportunity
“The preliminary data from OregonSaves show that important assumptions about how workers would react to the availability of auto-IRAs appear to be holding up, at least in the...
OregonSaves State-Based DC Plan Marks First Birthday
According to state authorities, the combined savings of the first groups of participating savers is approaching $5 million.
ERIC Settles Lawsuit With Oregon Retirement Savings Board
In the lawsuit, ERIC argued that the Employee Retirement Income Security Act (ERISA) pre-empts the reporting requirements in the OregonSaves state-run retirement program for private-sector workers.