This state is trying to help more people save for retirement [MarketWatch]
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
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Source: MarketWatch
This state is trying to help more people save for retirement Oregon just opened its state-sponsored retirement plans to another two groups of workers without access to a 401(k): the self-employed and freelancers. OregonSaves, the state’s retirement savings program, announced on Tuesday those not in a traditional job will now have access to a “workplace” retirement plan. Previously, only employees at companies that did not offer 401(k) or similar accounts were able to participate in OregonSaves. The program provides employees portable individual retirement accounts they can take with them throughout their careers, and includes automatic contributions from their paychecks. See: The states with the highest average retirement savings will surprise you More than 45,000 employees have already saved more than $9 million for retirement since OregonSaves began its pilot program in July 2017. Oregon was the first state to offer this type of program, and is still enrolling employers and emplo
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