Mississippi Work and Save Program; create; revise certain PERS provisions.
The Mississippi Work and Save Program is established to allow employers to offer eligible employees the choice to contribute to an Individual Retirement Account (IRA) through payroll deduction. The State Treasurer is tasked with designing, developing, and implementing the program. The program will allow employees to contribute to a Roth IRA, with a standard package including a target date fund investment and a specified contribution percentage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.