Relating to: creating WisEARNS, granting rule-making authority, and making an appropriation. (FE)
Fiscal estimate received
Summary
The bill establishes a new WisEARNS board attached to the state treasurer, a retirement‑savings program for employees whose employers do not offer a plan, and a dedicated trust fund. It also creates tax credits for small employers who start retirement plans or add auto‑enrollment features. The goal is to expand retirement savings coverage for low‑ and middle‑income workers while incentivizing employers to offer plans.
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