McCall Wants You To Have A 401K

| 11 Nov 2014 | 01:48

    Former State Comptroller H. Carl McCall is teaming up with the AARP to lead a campaign that will urge employers to make it easier for everyday New Yorkers to enroll in a 401K savings program.

    McCall will serve as volunteer chair of the AARP New York's Economic Security Campaign, which aims to help millions of New Yorkers gain retirement security. McCall will advocate that New York employers adopt automatic 401(k)s, which enroll workers in the employer's savings plan unless they opt out.

    "There is money on the table you're not taking advantage of when you don't enroll in a 401(k)," says McCall.

    "Carl McCall will excel as chair of the campaign since he is well-known for helping secure the nation's second-largest pension fund, allowing 1 million state and local workers to build and safeguard their retirement savings while he was the state comptroller," according to AARP New York State Director Lois Aronstein. "We are excited to have him volunteer to spearhead our effort to help other New Yorkers secure their future as well."

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