Connecticut Secure Retirement Plan

On May 7, 2014, the Connecticut General Assembly passed a “budget implementer” bill that includes provisions to lay the groundwork for a new state-administered retirement savings plan for private-sector workers who do not have an employer-provided pension or retirement savings plan. The bill allocates $400,000 toward the establishment of a Connecticut Retirement Security Board and […]


Bill would automatically enroll employees in workplace IRAs

On August 5, 2010 Senator Jeff Bingaman (D-NM) introduced the Automatic IRA Act of 2010 (S. 3760).  This bill would require most employers that do not sponsor a retirement plan to automatically enroll their employees in an IRA. Employees would be given choices about whether to participate in the IRA, what type of IRA (Roth […]