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January 9, 2017 In The News 1 min read

State retirement programs like the ones being established in California and Maryland may, at first blush, seem to pose competition for 401(k) advisers.

After all, the programs would seemingly take away potential client prospects. Aside from facilitating payroll deduction into the state-run retirement plans, employers would largely be hands-off, thereby not requiring the services of a plan adviser.

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