Governor to approve state-run retirement for private workers

SACRAMENTO, Calif. (AP) — Gov. Jerry Brown is scheduled to sign legislation Thursday to automatically enroll nearly 7 million people in a retirement savings account, an attempt to address growing fears that many workers will be financially unprepared to retire. The legislation creates a state-run retirement program for workers who don’t have an employer-sponsored plan, […]

Americans Accept Responsibility for Their Own Financial Security, But Still Want Safety Net

WASHINGTON – With the economy still shifting under their feet, Americans recognize that they have more responsibility than ever for their own financial security, including retirement, according to new research findings from Certified Financial Planner Board of Standards, Inc. But they still expect the government to provide a social safety net, the survey found. “Consumers are […]