U.S. Markets close in 1 hr 28 mins

This state is trying to help more people save for retirement

Alessandra Malito
This state is trying to help more people save for retirement

Oregon just opened its state-sponsored retirement plans to another two groups of workers without access to a 401(k): the self-employed and freelancers. OregonSaves, the state’s retirement savings program, announced on Tuesday those not in a traditional job will now have access to a “workplace” retirement plan. The program provides employees portable individual retirement accounts they can take with them throughout their careers, and includes automatic contributions from their paychecks.