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First State-Run Auto-IRA Plan Is Working, But Why Do Some Business Groups Want These Programs to Fail? (PDF)
David E. Morse, via Benefits Law Journal Link to more items from this source
[Opinion]
Dec. 4, 2017
"Oregon's first two pilot programs have enabled 1,000 employees in mostly micro and small businesses to set aside $200,000 in retirement savings in just a couple of months. The employee opt-out rate is around 30 percent; low enough to show the program is being well-received but high enough to show that those not wishing to save have had no trouble disengaging.... Among the other legal objections ... is that automatic enrollment in any payroll withholding IRA, even with advance notice and an easy opt-out, is merely voluntary but not 'completely voluntary' for the employee, as required by the 1975 DOL safe harbor."

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