NJ Governor Phil Murphy created the RetireReady NJ program.

State-mandated retirement savings programs, like New Jersey’s RetireReady NJ, have continued to gain momentum and bridge the gap for many small businesses struggling to afford administrative burdens. Now, NJ's state-auto-IRA retirement savings program has reached $1 million in retirement savings since the launch of the program just five months ago, announced State Treasurer Elizabeth Maher Muoio yesterday.

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Lynn Cavanaugh

Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.