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.
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…
Average 401(k) Savings Rate Hits New High
American workers are saving a higher percentage of their compensation than ever in their 401(k)s (or “409ks” as…
How 401(k) Auto Enrollment Can Lead to Lower Deferral Rates
Auto-enrollment almost doubles 401(k) plan participation, but can also result in participants saving less than those who voluntarily…
Mayor Pete Proposes Public 401(k) Option
Democratic presidential candidate Pete Buttigieg released a 19-page retirement reform plan that includes a Public Option 401(k).
Number of 401(k) Millionaires Hits Another High
401(k) millionaires are reaching record highs as retirement savers grow balances despite slight dips in average account values.
OregonSaves Could Cut National Retirement Savings Deficit 12%, EBRI Says
What if OregonSaves were a national program? That’s a question the Employee Benefit Research Institute (EBRI) posed in…
Why Advisors Need to Be Proactive: Excel 401(k) Conference
What do plan sponsors really think of the advisor community? Meghan Jacobson, CFA, Head of J.P. Morgan U.S.…
What to Watch For With 401k ‘Autos’
They're unquestionably effective, but can at times be "logistical nightmares" for HR reps, according to Ashley Rosser, president of Victory Fiduciary Consulting. How do advisors ensure they work?
Do 401ks Right and Americans will Save More: 2019 Fi360 Conference
It’s on the 401k industry to get it right for American savers. That was the core message from…
The U.K. Tried Nationwide DC Auto-Enrollment, Here’s the Result
We weren’t quite sure how to process the information when it was first reported in 2017, and haven’t…