Labor Department to Facilitate State-Based Retirement Plans
The U.S. Department of Labor is taking steps to help workers save for retirement.
Job-based 401(k) plans are one of the best ways for employees to build their retirement nest egg by putting aside pre-tax funds, especially if those funds are matched by their employers. However, about one-third of American workers do not have access to a job-based 401(k). While IRAs are available to workers on…
