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 ...

Automatically enrolling workers in a retirement plan is one of the most powerful tools policymakers and retirement plan sponsors have found to increase retirement savings. A bill making its way ...

Only around half of Americans participate in a workplace retirement savings plan, but auto-enrollment can change that. solidcolours/iStock via Getty Images In 2022 the government passed the Securing a ...

To help employers properly administer their 401(k) plans, in 2022, Foley & Lardner LLP is authoring a series of monthly “401(k) Compliance Check” newsletters. This article discusses some of the ...

Automatic enrollment of employees into defined contribution retirement plans such as 401(k)s has grown so quickly that more than half of employers now offer it to their employees, according to a new ...

401(k) plan policies like auto-enrollment and auto-escalation have become popular. They aim to boost workers' retirement savings. Pioneering researchers found that the policies may be less effective ...

It’s incredibly important that workers participate in their 401 (k) plan and get started as early as possible because every dollar matters and every day matters when it comes to that compounding ...

A 401(k) plan is an employer-sponsored retirement savings program that offers significant tax benefits to participants. As one of the most common retirement plans in the United States, it allows ...

The Affordable Care Act’s (ACA) individual shared responsibility penalty was reduced to $0 in 2017, effectively repealing the individual mandate and removing a key means of reducing uninsurance. For ...