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…
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 Shine Act” on June 14, and the Finance Committee passed the separate EARN Act on June 22. These two bills…
