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New York on Thursday became the latest state to expand retirement savings options for workers. Gov. Kathy Hochul signed an AARP-supported bill requiring a business with 10 or more workers to enroll those employees in a state-backed savings plan if it doesn’t already offer a private retirement plan.
We can't hide from the scary statistic in the story from the ABC affiliate in Houston below: about half of American workers don't have any retirement savings at all.
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