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Congress Poised To Halt State-Mandated Small Business Retirement Plans

Date Published: 
Sunday, February 12, 2017

Large employers are backing two Congressional resolutions that would put a stop to burgeoning state and city-mandated workplace retirement savings programs meant to cover the 55 million American workers without a private sector plan. The vote could come next week, and is causing alarm among retirement security watchdogs and the states that are rolling out plans.