individual savings plan program; appropriation

Summary

The bill establishes the Arizona Retirement Savings Board, which will design and operate a payroll‑deduction IRA program for employees of private employers that do not already offer a qualified retirement plan. It targets workers 18 and older who lack access to employer‑sponsored retirement savings, aiming to expand retirement security in the state.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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