Delaware is joining a growing list of states that require employers to automatically enroll their workers in a state-sponsored retirement savings plan, unless the employer already provides retirement benefits.
A panel hosted by the National Institute on Retirement Security explained that all pension plans are at increased risk, especially plans for public employees, and discussed ways that plan sponsors can mitigate their risk.
Self-directed brokerage accounts can also help keep participants in the plan and be an avenue for offering not-so-standard investment options, but they’re not right for every plan.