Auto-enrollment policies can increase 401 (k) participation, raise contributions and enable employees to take advantage of employer matching contributions. However, there are some drawbacks: ...

Employers deduct a percentage from a worker’s salary and deposit it into a retirement plan for them when they have an auto enrollment plan. Learn what options you have.

Merle DeWitt spends an extra 30-40 minutes in the car each day, toting his 16-year-old son, Gavin, to Prospect Mountain High ...

Some states provide retirement accounts for employees who don't get retirement benefits through work. Here are the states offer auto IRAs and how they work.

Experts want the Government to consider changes to improve people's pensions ...

If your employer's 401(k) plan has auto-enrollment, you'll automatically start making contributions to your account once you're eligible. Under a federal law enacted in 2022, most new 401(k) plans ...

Innovations such as auto-enrollment, when an employer automatically sets a worker up in the company’s retirement plan, and auto-escalation of savings, which increases the contribution to a ...

On January 10, 2025, the Treasury Department and the Internal Revenue Service issued Proposed Regulations on the automatic enrollment requirements ...

Meanwhile, the free auto-pay option allows seniors to enroll in automatic monthly deductions, withdrawn on the fifth of each month.

Automatic enrollment and automatic annual increases have driven participation rates in 401(k) plans held by Vanguard to an all-time high with record plan participation of 83% in 2022, according to ...

McPherson has a four-year auto restoration program, with courses including Small Parts Reproduction and Upholstery & Trim. But can an old dog learn new tricks?

SECURE 2.0’s new auto-enrollment rule needs further clarification, say industry groups Plan sponsors need to have flexibility to design and administer retirement plans to best serve their ...