A 55-year-old earning $60,000 with $600,000 in their 401(k) appears to be on cruise control: they max the $8,000 catch-up, ...
Beginning this year, businesses with 10 or more employees must implement automatic enrollment and contribution escalation for new 401(k) and 403(b) plans. Starting this year, SECURE 2.0 requires ...
Washington, D.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- A new report from MissionSquare Research Institute finds adoption of automatic enrollment features in state and local government defined ...
Employers may hesitate to add automated features to retirement plans due to costs, but Principal and other experts warn that the costs of not using auto-enrollment and auto-escalation could be greater ...
News analysis: More than half of employers back auto-escalation schemes as a way to increase employee contributions, according to new research, but they may face challenges in tailoring contribution ...
Washington, D.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- A new report from MissionSquare Research Institute finds adoption of automatic enrollment features in state and local government defined ...
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