State retirement plan mandates that offer state-run auto-IRAs may be prompting more small employers to offer private market retirement plans to their employees.
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Vestwell positioned to capitalize on growth in retirement plans driven by state auto-IRA policies
“They have been an incredible driving force behind the adoption of new workplace savings programs—both through the state and in the private plan market. Along with tailwinds from SECURE 2.0, we’ve seen unprecedented demand from businesses looking to implement a savings program for their employees.”
