GO-Starter vs. State-Offered Retirement Programs: What’s the Difference?
When it comes to retirement planning, having a reliable savings strategy in place is key to ensuring financial stability for the future. However, with the variety of retirement plans available today, it can be difficult to choose the right one for your needs. Two prominent options for businesses and individuals are 401GO’s GO-Starter plan and […]
Colorado SecureSavings Pros and Cons
Batman vs. Superman. Hulk vs. Wolverine. Frankenstein vs. Dracula. These are legendary contests, and while we don’t claim that 401GO vs. Colorado SecureSavings is as entertaining as the others, we assert that the results are much more relevant. Our contest is more like a presidential debate than a boxing match, and we’re letting you decide who the winner is.
State Retirement Mandates and Hiring: Attracting Talent to Small Businesses
At first glance, having to stay in compliance with more laws may seem like a bad thing. But if you look at it slightly differently, you may realize that you can benefit from your state’s retirement plan mandate.
OregonSaves Pros & Cons
OregonSaves, the country’s first state-mandated Secure Choice retirement plan, celebrated its sixth birthday in 2023. It already has $200 million invested on behalf of the approximately 118,000 workers in the state who use the plan to save toward their retirement.
Complying with State Retirement Mandates
Although life expectancy in the U.S. peaked in 2014 at 78.9 years, many of us are living much longer, and it costs money. The government is making less noise than it used to about ending Social Security, but few people are able to live on that alone, assuming that it lasts past 2034. So the […]
Is Secure Choice Good for Workers? No. It’s Not.
States are celebrating their secure choice retirement mandates as a major solution to the American retirement crisis, but workers say otherwise.
MarylandSaves Retirement Program: Pros and Cons
The state of Maryland introduced the Maryland Small Business Retirement Savings Program and Trust in 2016, and the program was made available in September of 2022. Like many other similar state retirement programs, it mandates that all employers that do not offer a retirement plan to their employees participate in the state plan. Employers who will […]
Connecticut Retirement Program My CTSavings: Pros and Cons
My CTSavings is patterned after other successful programs here in the U.S. But is it the right retirement vehicle for your team?
New York Secure Choice Savings Program: Pros and Cons
The state of New York mandates that all employers that do not offer a retirement plan enroll their employees in the state Secure Choice Savings Program.
CalSavers: The California Secure Choice Program
The state of California has enacted into law a mandatory retirement plan called CalSavers. This mandate will affect millions of companies with employees in California. Understand the details and implications before making a decision with far-reaching consequences.