Anti-Tax Group Fights Calif.'s Auto-IRA In ERISA Row

By Lauren Berg (August 31, 2018, 8:29 PM EDT) -- An anti-tax group challenging California's auto-IRA program, which funnels a portion of private-sector workers' paychecks into individual retirement accounts unless they opt out, asked a California federal court on Thursday to keep its suit alive, arguing that the program will harm employees' retirement savings.

Howard Jarvis Taxpayers Association and two of its employees filed a response in opposition after CalSavers Retirement Savings Program asked a federal judge in July to nix the suit, arguing that the group's suit, which contends state lawmakers never should have created CalSavers because the Employee Retirement Income Security Act bans states from governing employee benefit plans,...

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