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 ...

Two of the most widely used mechanisms to improve participation in 401(k) plans – automatic enrollment and automatic escalation of contribution rates – may be much less effective than previously ...

The Solo 401(k) auto-contribution tax credit can earn you $1,500 over three years by just enabling automatic contributions to ...

As concerns over scare employee retirement accounts mount, plan sponsors are stepping up efforts to help employees do a better job of saving for their post-work years. New research by consulting firm ...

A Paychex news release said the company manages the enrollment process by notifying the plan sponsor when newly hired employees become eligible to participate and auto enrolling employees. Higher ...

More than one million private-sector workers have enrolled in state “auto-IRA” retirement savings accounts, program data shows, a milestone in the effort to boost 401(k) and IRA savings in the United ...

Vanguard Group will introduce an auto-portability service for its 401(k) plan sponsor clients and their participants, the record keeper said Tuesday. Vanguard announced plans to work with Retirement ...

During the past 30 years, there has been an important revolution in the administration of 401(k) plans. Often referred to as auto-increase or auto-escalation, here’s how it works: If you are ...

Workers will be able to save more easily for retirement with a proposed move that would automatically enroll them in 401(k) plans and other retirement savings plans. Among the Secure 2.0 provisions in ...