Amber Taufen is a personal finance writer living in Colorado. If your job offers a 401(k) retirement plan, the amount you take home in your paycheck might decrease if you miss an automatic enrollment ...
Aon Hewitt’s analysis of DC saving and investing behaviors included more than 3 million employees across 120 large companies. The data show that more than three quarters (75.8%) of eligible employees ...
Beginning this year, businesses with 10 or more employees must implement automatic enrollment and contribution escalation for new 401(k) and 403(b) plans. Starting this year, SECURE 2.0 requires ...
A rule from the Secure 2.0 Act requiring new retirement plans to automatically enroll workers took effect this year, and proposals issued just last week by the IRS and Treasury are sorting out some of ...
A bipartisan bill that would allow employers to automatically re-enroll employees who previously opted out of retirement plans has been reintroduced in the Senate. The Auto Reenroll Act of 2023, which ...
A proposed rule would ensure that certain federal employees don’t experience a gap in health care coverage if they fail to choose a new plan within a specific time frame. The Office of Personnel ...