North Carolina considers "Work and Save" program to help small businesses offer retirement plans.
North Carolina lawmakers are considering a "Work and Save" program to help small businesses offer retirement plans. Employees could opt into payroll deductions for traditional or Roth IRAs, managed by the state treasurer, with a $1 million start-up budget. Supporters, including the AARP, argue it could help attract and retain workers, as many North Carolinians lack retirement plans. Similar legislation was proposed before but did not pass.
2 months ago
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