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Bill: Retirement plans for small business employees

Bill: Retirement plans for small business employees

KGMI News Reporting
By Karen Taylor

OLYMPIA, Wash. – A proposed bill would give Washington’s small businesses the ability to offer employees a voluntary retirement savings plan.

Representative Larry Springer of Kirkland sponsors the bill.

He says it would help many older workers jump-start their retirement savings.

Play Larry Springer on retirement plans

The bill would create a basic automatic deduction savings plan for workers who wouldn’t otherwise have access to traditional plans.