• kautau@lemmy.world
    link
    fedilink
    arrow-up
    39
    ·
    edit-2
    1 year ago

    The first change made it so employees may save up to $2,500 in after-tax money in a separate account alongside their retirement accounts. Workers would potentially be automatically enrolled in the programs, which would defer the money automatically through payroll deductions.

    Read: banks lobby to get money automatically deposited into their specific accounts so they can generate interest from it the employees will never see, and make it more difficult for employees to actually get their money