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New Jersey Expands Retirement Access | Jersey News
New Jersey is set to dramatically expand its RetireReady NJ program starting September 2026, automatically enrolling private-sector workers in a retirement fund—even if their employers don’t offer one. Lowering the eligibility threshold from 25 to 10 employees, the initiative aims to close the retirement savings gap affecting nearly half of the state’s workforce. Already with 32,000 members and $26 million in assets, the program deducts 3% from paychecks—opt-out allowed—and exempts businesses with existing 401(k)s. Delayed since 2021 due to the pandemic, this move is a bold step toward…
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