California prevailed Monday in a battle over its auto-IRA, CalSavers, when the Supreme Court refused to hear a challenge to the legality of the program. “The United States Supreme Court’s denial of review preserves the ability of millions of hard-working ...

California is starting to crack down on businesses that haven’t registered for its CalSavers automatic IRA program and don’t offer their own retirement plans, the state announced Wednesday. More than 650 employers in the state will be sent notices that ...

Maryland’s automatic IRA is slated to go live next summer and will be the first to include retirement income and emergency savings components, the program announced Monday. That initiative, MarylandSaves, is being administered by Vestwell, Sumday and BNY Mellon, with ...

State auto IRAs and other initiatives to help private-sector workers save for retirement are getting a lot of public support, a new report found. About three-quarters of Americans said they like the idea of state-run plans and would be at ...

The state-run retirement savings programs of Colorado and New Mexico have signed a first-in-the-country memorandum of cooperation to pursue a formalized partnership agreement for their auto-enroll IRA programs. “State partnerships can provide a cost-effective, efficient way for states to fill ...

Vestwell plans to expand its presence in the state auto-IRA and college savings markets, announcing a deal Tuesday to buy BNY Mellon’s Sumday subsidiary. The deal would catapult Vestwell to serving as a program manager for nearly $20 billion. The ...

New York Gov. Kathy Hochul signed legislation Thursday requiring private-sector employers that don’t provide their workers with a retirement plan to enroll them in the state’s auto-IRA program, the Secure Choice Savings Plan. The low-cost plan gives employees the freedom ...

More than 800 small businesses in the United Kingdom that now offer a retirement plan in the wake of a government mandate say that the administration of their plan is “routine” or “easy,” according to a survey conducted by Smart, ...

The Maine House and Senate both passed a bill last Thursday that would create the Maine Retirement Savings Program for private-sector workers and allow them to contribute to a Roth IRA from their paychecks. The bill now goes to Maine ...