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Empire State Poised to Enact Mandatory Auto-IRA Program
American Retirement Association [ARA]
June 8, 2021 "The State Senate voted 44-19 on June 7 to approve NY A03213-A, legislation that would convert the existing New York state secure choice auto-IRA saving program from being voluntary to mandatory for private sector employers that do not offer a retirement plan and employ 10 or more employees. The legislation is now cleared for the signature of New York Gov. Andrew Cuomo (D)." |
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