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Vermont Saves retirement program launches early; treasurer’s office reports initial employer and employee sign-ups
Summary
Treasurer’s office reported that Vermont Saves, the state-run automatic-emrollment retirement program, launched earlier than planned in December, is in open enrollment through February and has initial employer and employee participation.
Treasurer’s staff told the Senate Economic Development, Housing & General Affairs Committee that Vermont Saves launched earlier than planned and is currently in open enrollment. Becky Washington, director of financial empowerment at the treasurer’s office, said the program began enrollment in December and is open through the end of February.
“We’ve identified 72,100 employers,” Washington said in her update, and the office…
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