A bill ready for the governor's signature could pave the way for a state-based retirement savings plan for private-sector workers based on the automatic IRA.
People around the world share the same dream of retirement. But nearly half of all workers never saving money just for retirement, according to HSBCs global report.
While only 6 percent of those surveyed say their companies have already transferred their defined benefit plan risk to a third-party insurer, about 40 percent say they will consider doing so within the next two years.