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Calif. Retirement Savings Plan Fights Suit Over Right To Exist

By Christine Powell ( July 26, 2018, 8:56 PM EDT) -- California's auto-IRA program, which funnels a portion of private-sector workers' paychecks into individual retirement accounts unless they opt out, asked a federal judge Wednesday to nix a lawsuit alleging the program cannot exist because states cannot pass laws related to employee benefit plans, arguing that it's not actually a benefit plan....

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