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 ...
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 ...
Auto-enrollment in retirement plans has become more and more common in recent years. Starting with the 2025 tax year, the SECURE Act 2.0 will require employers that establish new 401(k) or 403(b) ...
Starting with the 2025 tax year, the SECURE Act 2.0 requires employers that establish new 401(k) or 403(b) plans to auto-enroll employees in the savings plans. The minimum auto-enrollment contribution ...
There are several factors to consider when deciding whether and how to implement automatic enrollment before making it a done deal. Automatic enrollment is not as simple as just deciding to do it and ...