Delaware lawmakers are hoping to level the playing field for First State retirees.
That could become possible if the Delaware EARNS Act passes. “Delaware EARNS is a transformative pice of legislation. It stands for expanding access to retirement and needful savings,” said bill sponsors Representative Larry Lambert. “It establishes a state facilitated retirement savings plan for individuals that don’t have access to retirement savings plans through their employers.”
The bill enables all employers with five or more employees to be able to provide the retirement savings plans to employees. Rep. Lambert says that resource would come at no cost to the employers.