We can certainly our disagreements politically, but I always believe that when given a choice people don’t want to deal with a government-run retirement offering.

So when it comes to mandated IRA programs by states for employers that don’t offer a retirement plan, I believe that pooled employer plans (PEPs) are the option for employers that have to offer a retirement plan or a stated mandated IRA program.

The American Views on Defined Contribution Plan Savings study shows that 75% of Americans have a favorable impression of 401(k) and similar retirement plan accounts, which probably means they would have less of a preference for those plans mandated by the government.