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Hawaii Approves State-Run IRA, But Minus Auto-Enrollment
401(k) Specialist 
May 18, 2022 "[Unlike other state-run IRA programs,] Hawaii's bill will allow employees to decide whether to participate rather than automatically enrolling them. Employers are also not be required to contribute or match contributions to the accounts ... The bill does set aside $25 million for a $500 match for the first 50,000 participants[.]" MORE >> |
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