Our daily roundup of retirement news your clients may be thinking about.
Some states look to fill a retirement savings gap Lawmakers in 17 states are considering simple, low-cost ways that would enable workers to direct a portion of their pay to a retirement account for their golden years, according to The New York Times. The plans, which could be options to the new myRA workplace savings mechanism, would be designed to scrap fees, minimum contributions, and other barriers to retirement savings. While some experts oppose the proposals, offering retirement saving options is necessary given long-term trends, according to advocates cited in the article. --New York Times
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