July 2019

US. Workers in California are one step closer to retirement security

The Golden State is trying to make everyone’s golden years a little more comfortable.California’s state-sponsored retirement program, called CalSavers, is now out of the pilot phase and officially available to the public. The automatic enrollment program sets up an individual retirement account for employers to offer their workers, who can make contributions through payroll just like they would if they had a 401(k) plan. California is the third state to run with this program, following Oregon and Illinois.More than...