Tax,
Government
Sep. 18, 2019
Anti-tax group gains US DOJ ally in fight against CalSavers program
Attorneys with the DOJ' civil division filed a statement of interest arguing the state program is preempted by the Employee Retirement Income Security Act of 1974, known as ERISA.
An anti-tax group has gained a new ally in its fight to prevent the state of California from offering retirement accounts to its citizens: the U.S. Justice Department.
Attorneys with the agency's civil division filed a statement of interest Friday arguing the state program known as CalSavers is preempted by the Employee Retirement Income Security Act of 1974, known as ERISA. This is the law that set minimum standards for employer-b...
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