I thought that this week’s blog would focus on a couple of different topics. They are related to prior blogs that I have written. Colorado State-Run Retirement Plan Is Postponed Indefinitely In my last posting, I wrote how the state of Connecticut recently approved a bill to offer workplace employees an automatic payroll contribution Roth retirement plan, if they did not have access to an employer sponsored plan (The State of Connecticut Is Ready To Enter The Retirement Plan Business – And This Is A Good Thing Because…). I thought that while the state of Connecticut was well intentioned, that the government (any government: municipalities, states, the federal government) has no idea how complex these retirement programs are to run. For this and other reasons, I did not think that this was a good idea.
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