Page 4 - Automatic Enrollment News Today

Besides ensuring the federal government remains fully funded, President Biden’s signature Thursday on the Continuing Appropriations Act, 2023 (CAA 23) contains several provisions that...

As part of the omnibus spending bill passed in a frenzy before the holiday break, Congress included the Securing a Strong Retirement Act of 2022 (“SECURE 2.0 Act”). This new law...

After months of on-again off-again consideration of competing bills, US Congress capitalized on bipartisan support for retirement plan legislation to deliver the SECURE 2.0 Act of 2022...

The much-anticipated SECURE Act 2.0 became law Friday, giving Arizonans and all Americans new and enhanced retirement savings tools.

CFPB sued software company that manages online payment platforms for using unlawful enrollment practices to cause unknowing consumers to automatically enroll in annual subscriptions, making over $300 million from approximately three million consumers through dark patterns.

Studies find differences in 403(b) and 401(k) plan design and participant behavior, but both plan types are increasing in importance for employees.

Separate bicameral proposed legislation aims to boost auto-enrollment retirement plan participation.

WASHINGTON, Oct. 30-- The American Council of Life Insurers issued the following news release on Oct. 29, 2021:. American Council of Life Insurers President and CEO Susan Neely urged Congress to advance policies that will help all Americans, regardless of where or how they work, their life stage, or the economic status of their household, access the tools they need for...

To embed, copy and paste the code into your website or blog: On July 16, 2021, the IRS issued Revenue Procedure 2021-30, an updated version of the Employee Plans Compliance Resolution System (“EPCRS”). Retirement plan sponsors may use EPCRS to correct certain compliance mistakes, and avoid the adverse tax consequences associated with plan disqualification. We have provided a summary of the changes below. Modification to Existing Overpayment Correction Method . The new guidance modifies the ...

States. they all say they can do better than washington, d.c. we give them that opportunity. >> it also repeals obamacare mandates. do you think that is something the democrats can get onboard with? >> well, jonathan gruber, who helped write obamacare, did a study published in new england journal of medicine, the individual mandate has no effect upon enrollment, according to grubers study. no effect. what does have an effect is a governor getting behind a project and pushing people to get enroll...