A study shows that state-facilitated retirement programs are a great idea.
The National Institute on Retirement Security (NIRS) study “Americans’ Views of State-Facilitated Retirement Programs,” shows that 72% of those who partook said they think such programs are a good idea. Why would anyone be against employers being required to offer a retirement plan unless they were an employer that didn’t offer one and didn’t want to be forced to offer one?
As a retirement plan provider, you need to realize that while employers may be forced to offer a plan by the state or local government, they may want to offer a plan on their own or through a pooled employer plan. This is a good thing.