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Will State Retirement Mandates Spur Adoption of Private-Sector Plans?

The emerging plethora of state-run retirement plans is targeted at boosting retirement plan access among smaller employers, who have historically been less likely to offer access to workplace retirement programs.

While the solutions contained in these state-run initiatives vary, the feasibility study of at least one program — Connecticut’s — suggests that half of the smaller employers required by the legislation to offer a retirement plan would instead choose one from the private sector marketplace, rather than opt for the state’s auto-IRA alternative.

This week, we’d like to hear what you think about these programs, and how you think they might affect plan adoption by employers.

You can reply to this week’s NAPA Net reader poll at https://www.research.net/r/QLSZWB6. We’ll tell you what you told us on Friday!

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