New state-run IRA for private sector opens July 1: ” If they don’t opt out in 30 days, they are automatically enrolled”

By Ed Mendel ” If they don’t opt out in 30 days, they are automatically enrolled” A new state workplace retirement savings program, CalSavers, will open to an estimated 250,00 to 300,000 employers on July 1 — offering an automatic IRA payroll deduction for the 7.5 million California workers with no retirement […]