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Savings Plans Employee Benefits Payroll Deductions

Fisher Phillips

It’s Time for New Jersey Employers to Register for State-Administered Retirement Savings Program

Fisher Phillips on

If your New Jersey business doesn’t sponsor a retirement savings program, it’s time for you to create a system allowing workers to sock away retirement money through automatic payroll deductions. Thanks to the New Jersey...more

Verrill

Maine’s Mandatory Retirement Savings Program: What Employers Need to Know

Verrill on

On October 18, 2023, the Maine Retirement Savings Board adopted a final rule implementing Maine’s state-run retirement savings program, the Maine Retirement Investment Trust or MERIT. MERIT is intended to help employees who...more

Franczek P.C.

Illinois Teachers’ Retirement System Supplemental Savings Plan Update

Franczek P.C. on

On January 10, 2022, teachers will be able to begin submitting applications to the Illinois Teachers’ Retirement System (TRS) to participate in TRS’s new Supplemental Savings Plan (SSP) which is a tax-deferred compensation...more

Schwabe, Williamson & Wyatt PC

Oregon Launches Retirement Savings Program: Employer Registration Will Be Required

In 2015, Oregon passed legislation creating a state-based retirement savings program that has since been named “OregonSaves.” Implementation of the OregonSaves program was delayed pending the issuance of final rules by the...more

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