提议国会废除支持州 Auto - IRA 的联邦法规 ， 威胁到五个州 1300 万工人的退休安全

The proposed congressional repeal of federal regulations supporting state auto-IRAs would threaten the retirement security of 13 million workers in five states, including California, Connecticut, Illinois, Maryland, and Oregon, which are already in the process of establishing Auto-IRAs, also known as Secure Choice programs. These states are providing workers with an easy, low-cost way to save for retirement without employer-sponsored plans. The repeal of the safe harbor regulations would throw these efforts into a legal gray zone and pose a risk to the retirement security of millions of workers. The need to increase access to retirement saving vehicles is greater than ever, with the number of employees without access to a retirement plan increasing from 38% in 1998 to 56% in 2015.