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Lessons from California, Connecticut, and Oregon: How Plan Design Considerations Shape the Financial Feasibility of State Auto-IRAs
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https://laborcenter.berkeley.edu/lessons-from-california-connecticut-and-oregon-how-plan-design-considerations-shape-the-financial-feasibility-of-state-auto-iras/Abstract
As a growing number of states move toward establishing retirement savings plans for private sector workers who lack access to an employer-sponsored plan, policymakers and stakeholders are very interested in plan cost. Will the program be self-sustaining? Can it charge fees that are low enough to be attractive to participants? What happens if enrollment falls short of assumptions?
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