08.26.22

Delaware Becomes 16th State to Join Auto-IRA Ranks

by: Gregg Greenberg

Delaware Gov. John Carney signed the Delaware EARNS (Expanding Access for Retirement and Necessary Savings) Act into law recently, requiring businesses with more than five employees not currently offering retirement plans in the state to enroll in the program or a qualified alternative. According to Delaware’s Office of the State Treasurer, almost 150,000 workers lacking an employer-sponsored saving program will be able to save for retirement under the new program.

Read the full article on InvestmentNews