Automatic-Enrollment IRAs Get A Test Run In California

Studies show that when participation in a retirement plan is automatic, more people save. President Obama has proposed automatic IRAs for some employees, a version of which was adopted in California. But business groups argue that requiring employers to implement them is not the right way to go.

Source: http://www.npr.org/2013/05/01/179823303/automatic-enrollment-iras-get-a-test-run-in-california?ft=1&f=1003

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