U.S. Workers Strongly Support State-Sponsored Retirement Accoutns

A recent AARP survey of nearly 4,000 U.S. workers found strong demand for state-sponsored retirement savings programs.

Most of the respondents, 84 percent, strongly or somewhat agreed that their elected officials should support programs that would enable workers to save their own money for retirement.

According to the AARP, seven states have approved state-sponsored retirement accounts for their residents: Illinois, Washington, Oregon, New Jersey, Connecticut, Maryland and California.

These plans were made possible by an Obama Administration safe harbor that would allow the plans to operate outside of the Employee Retirement Security Income Act, or ERISA.

Now, the U.S.

from FA News http://www.fa-mag.com/news/u-s–workers-strongly-support-state-sponsored-retirement-accoutns-31974.html

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