Thursday, May 4, 2017

Congress reverse rule on state retirement plans

Congress repealed an Obama-era rule Wednesday that had paved the way for states to create their own retirement saving plans for private sector workers.The rollback is expected to have a chilling effect of the plans already underway in seven states. Many have already adopted the legislation to create new savings programs, while lawmakers in at least a dozen other states are considering similar plans.
It seems like everyone is thinking similar things and wanting to have the same plan.so i dont understand why they just all adopt the legislation. i believe it would be easier for everyone to have the same law.

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