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CalSavers Is Invalid Under ERISA, Feds Contend

By Emily Brill ( September 16, 2019, 5:50 PM EDT) -- The federal government threw its weight behind a tax cut advocacy group's lawsuit looking to invalidate a California program that funnels a portion of workers' pay into an individual retirement account, saying the Employee Retirement Income Security Act preempts the state law that created the CalSavers program....

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