California has moved closer to becoming the first state to make retirement savings accounts a near-universal benefit for workers. A state board on March 28 sent a set of recommendations to the Legislature calling for the creation of the California Secure Choice Retirement Plan – essentially a 401(k) plan operated by the state and open to private-sector workers whose employers don’t offer a retirement savings plan. Read more: http://www.latimes.com/business/la-fi-mandatory-401k-20160329-story.html
