San Juan Islander: WA State Program Could Open Retirement Savings to More Workers

Washington state lawmakers are considering a bill that would give workers a new retirement option.

Under the legislation, the Department of Commerce would operate the Secure Choice Retirement Savings Program, allowing Washingtonians to automatically save part of their paychecks, and also bring their retirement money with them if they change jobs.

It’s primarily for small businesses that aren’t able to offer a retirement savings program for their employees.

“Any time that we can enable people to take care of themselves and give them options to save for their future and not be dependent on the social safety net, I think that’s good for society in general,” says Rep. Davina Duerr, one of the bill’s sponsors.

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