Paper Trails


Tag: employer-sponsored plan

Maine’s Retirement Savings Program

On June 24, 2021, Maine’s government signed An Act to Promote Individual Retirement Savings through a Public-Private Partnership into law. Created to help against the growing retirement crisis in Maine and across the United States, this act makes Maine the latest state to require certain employers to either provide an

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State-mandated vs Employer-sponsored Retirement Plans

State-mandated vs Employer-sponsored Retirement Plans Retirement has become an increasingly popular topic among state and federal legislatures in the recent years. While 72% of the American workforce has access to a retirement plan, only 56% are enrolled in a plan. Studies say that 22% of Americans have less than $5,000

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