Republicans Scrap Rule For Small-Business Retirement Plans
The Obama-era policy allowed states to offer retirement savings plans. Retiree and worker protection groups say the state-designed plans benefit employees of small businesses which lack 401(k) plans.
Senate Republicans voted Wednesday night to rescind an Obama-era policy that allows states to offer retirement savings plans to millions of workers.
Retiree and worker protection groups say the move will hurt employees at small businesses.
Many small businesses say they can't afford to set up retirement savings plans for their workers, such as 401(k) plans. That's a big reason why so many Americans
