Business

Analysis, CalSavers lawsuit raises tricky ERISA questions

A lawsuit asking a federal court to stop California from implementing CalSavers, a state-administered automatic IRA savings program intended to fill the access gap to employer-sponsored retirement plans, hinges on whether or not the program will be considered an employee benefits plan under federal law, according to two attorneys.

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SOURCE https://www.benefitspro.com/2018/06/06/calsavers-lawsuit-raises-tricky-erisa-questions/

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