http://eba.benefitnews.com/news/obama-to-propose-automatic-iras-2682876-1.html?ET=ebabenefitnews:e521:1823469a:&st=email
This to be expanded on this evening from President Obama. Great concept but who controls the money? If private and participants can choose their individual investment provider, how much effort will fall in the hands of the employer, once again, to comply with submission of contribution. Sounds like their could be additional labor & liability involved.
Stay tuned!!
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Tags: Employee Benefits, retirement
