retirement savings

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Dan LoGrasso / WUIS

The two-year session of the 98th General Assembly comes to a close.

Brian Mackey / WUIS

  The Illinois House is advancing legislation intended to get more people saving for retirement. Advocates say "nudging" workers into a savings program could help keep them out of poverty in retirement.

The so-called Secure Choice retirement savings program is an idea of the conservative Heritage Foundation. The plan would require all companies with more than 25 employees to automatically enroll workers in a state-supervised retirement program.