"Secure Choice would give portable savings accounts -- similar to traditional IRAs -- to all employees of businesses with 25 or more workers that have been in existence for at least two years and don't already offer retirement plans. Other businesses could participate voluntarily. Automatic withdrawals would invest three percent of workers' paychecks in their accounts each pay period, but employees could change their contribution rate or opt out at any time. Participants would also be able to select from higher-risk and lower-risk investment options."  MORE >>