Browsing Tag
401(k) Auto-Enrollment
107 posts
401(k) auto-enrollment is a retirement plan feature where employees are automatically enrolled in their employer’s 401(k) plan at a preset contribution rate unless they choose to opt out or adjust it. This helps increase participation and savings by making enrollment the default choice, making it easier for employees to start saving for retirement without needing to take initial action.
401(k) Auto-Enrollment Grew by How Much?
Auto this and auto that, whether it’s enrollment, escalation and now portability, have greatly contributed to participation rates,…
3 Critically Important Characteristics of Millennial 401k Participants
Millennials—we love ‘em, they annoy us and we’ll spend a ridiculous amount of time trying to figure them…
What Do Big Firms Say About 401(k)s?
Multinational firms want to offer a 401(k) in order to help employees retire successfully, and view them as essential to retain and attract top talent.
A New York State of Mind: Mandatory Retirement Plans?
New York Retirement plans backed by small businesses as most owners seek affordable, state-managed options for employee savings.
What’s Happening With 401k Participant Eligibility?
Offer a 401k plan, and they will come—it’s the year-end message offered by the Plan Sponsor Council of…
Less than 10 Percent of Small Biz 401(k)s Use Auto Enrollment
Only 8.71 percent of small 401(k) plan sponsors automatically enroll employees that fail to make an affirmative enrollment election, according…
Is Adoption of 401k Auto-Enrollment Decreasing?
When it comes 401(k) auto enrollment, most industry observers seem to agree that it’s a good thing. Unfortunately, recent…
3 Ways to Drive Better 401(k) Retirement Outcomes
As one 401(k) advisor recently noted, “Income is the outcome in retirement planning.” It’s something Northern Trust Asset…
What’s In Rep. Crowley’s Mandatory IRA Bill?
A bill from Rep. Joe Crowley (D-N.Y.) referred to as “auto-IRA on steroids” is winding its way through the Washington legislative…
Another Company Commits 401(k) Industry Heresy
Ready the pitchforks and torches. In an act of financial industry heresy, State Street Global Advisors has joined…