X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Under California’s state-administered Secure Choice plan, IRAs 'should not be considered ERISA plans,' a legal advisor to state lawmakers says. (Photo: AP)

A modified version of the California Secure Choice Retirement Savings Trust Act has passed out of both chambers of the California state legislature and is expected to be signed into law by Gov. Jerry Brown.

Nick Thornton

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.