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New Retirement Rules Boost Savings
Published 4 days, 19 hours ago
Description
Federal and state initiatives are revolutionizing retirement savings, with automatic enrollment and payroll deductions boosting worker savings. Despite nearly half of American workers lacking job-based retirement options, these measures could save governments $1.3 trillion in social services for seniors. Employers are also upgrading their plans, demonstrating that state nudges drive progress without backlash.
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