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Federal auto-IRA program would be a big step forward in expanding retirement coverage

·3 min read
Federal auto-IRA program would be a big step forward in expanding retirement coverage

A nationwide retirement program combined with an enhanced Savers Credit would really help lower-paid workers save for retirement. The House Ways and Means Committee has included Auto-IRAs in the $3.5-trillion health, education, and climate bill. Who knows what will eventually get passed, but this addition is a big step forward on the journey to make sure that all Americans are covered by a retirement plan at work.