Rhode Island. USA
Connecticut joined Rhode Island yesterday to launch a new interstate auto-IRA partnership between Connecticut’s MyCTSavings and the forthcoming Rhode Island RISavers program, which is a pilot retirement program administered by Vestwell and is expected to launch in the spring of 2025.
In March 2022, Connecticut mandated a state auto-IRA program that required employers with at least five employees and had been in existence for at least a year to enact. In June, Rhode Island passed an auto-IRA program for private sector employees, making New England states complete with auto-IRA programs.
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