Browsing Tag
401(k) Auto-Enrollment
107 posts
Massive New Retirement Bill Would Expand, Mandate Auto-Enrollment
Section 101 of the Securing a Strong Retirement Act of 2020—also being called “SECURE 2.0”—is titled, “Expanding automatic…
SECURE Act 2.0 Legislation Introduced—And Wow!
Expand auto-enrollment, provide incentives for small businesses to offer plans, increase the RMD age to 75, allow for…
Voya Program Boosts Retirement Savings for Minority-Owned Businesses
Voya has launched a new initiative to assist businesses owned by minorities, women, veterans, and members of the…
Automatic 401k Plan Features Proved Themselves in Market Meltdown
Score one for the “auto” revolution. Automatic plan features helped millions of 401k participants adhere to their financial…
Auto Enrollment in DC Plans Hits 69%, But Could Plateau Soon
The adoption of auto enrollment in defined contribution (DC) plans grew to 69% in 2019, up from 60%…
By Default: DC Plan Adoption of Auto Features Still Rising
Nowadays, employees have to “opt out” more than they have to “opt in” when it comes to company…
Higher Auto-Defaults Dominate in Many DC Plans
The adoption of automatic enrollment features may be slowing, but plans that have embraced it are making huge…
401k Millionaire Ranks Grow Again in Q4 2019
The number of 401k millionaires continues to grow, reaching record levels at the end of 2019 according to…
Is Adoption of Innovative 401k Plan Features Over?
Innovation in the 401k space since the passage of the Pension Protection Act in 2006 has led to…
6 Lesser-Known SECURE Act Provisions Impacting 401ks
While the major changes resulting from the SECURE Act’s annuities, RMD and open MEPs provisions—plus the elimination of…