Mississippi Work and Save Program creates a retirement savings program for certain employers and employees.
The Mississippi Work and Save Program establishes a retirement savings program for certain employers and employees. The State Treasurer is tasked with designing, developing, and implementing the program, which allows eligible employees to contribute to an Individual Retirement Account (IRA) through payroll deduction. The program aims to minimize costs, promote portability of benefits, and avoid preemption by federal law. Employers are protected from liability for employee decisions and investment performance.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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