Latest News
Is the “State” option going to replace other retirement programs
According to Georgetown’s Center for Retirement Initiates, which tracks state retirement programs, since the beginning of the year, at least 20 states and cities have introduced legislation to establish some form of publicly facilitated retirement plan. The officials behind these plans say the state option is needed to make retirement-savings option available for the segment of workers least likely to have access to one through an employer. In Kenneth Corbin’s article appearing on Benefit News website, www.benefitnews.com, he reports the states are not there to replace programs; they want to be additive where programs do not already exist. Read Mr. Corbin’s article here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.