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NYC Employers: Required Payroll Contributions to IRAs May Be Coming
Epstein Becker Green Link to more items from this source
July 24, 2018

"The New York City Council has proposed to establish a 'Savings Access New York Retirement Program' that would require New York City private-sector employers with at least 10 employees to offer a new savings program to employees who are not eligible to participate in an employer-provided savings plan (such as a 401(k) or 403(b) plan).... Although passage of the NYC Retirement Program is far from certain, this proposal is consistent with other state and local government legislative efforts to increase the retirement savings of employees."

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