KWWL On The Money November 8, 2015
The movement is gaining bipartisan support in many states. And legislation for statebased private retirement plans hags already passed in illiis, oregon and Washington State n. Illinois, starting in 2017, any business with 25 or more employees thats operated for at least two years must offer the statebased plan unless it provides anonoer retirement option. Employers will automatically deduct 3 from an employees pay check and move the money into a staterun investment pool. While its mandatory for smallll businesses to participate, workers can opt out at any time n. Oregon a similar plan is also...