Tag: auto-enrollment
Automatically enrolling all new workers in an employer savings plan is a terrific way to push reluctant savers to prepare for a future in old age. They still have the option of withdrawing but usually stick with the plan once an employer signs them up. The preliminary results of a new study on Army personn…
Adding a provision to SECURE 2.0 to move toward a refundable Saver’s Credit would make for a bill worth enacting. In June, the relevant Senate Committees approved their versions of the House bill called “Securing a Strong Retirement Act of 2022” (SECURE 2.0). Specifically, the Health, Education, Labor and Pensions Committee advanced the “Rise and…
