while employees should review their retirement savings strategies to make sure they are taking full advantage of the ...
When the new auto enrollment policy goes into effect in 2025, all employees who meet their company’s eligibility requirements for a 401(k) or 403(b) plan will be automatically enrolled rather ...
Amber Taufen is a personal finance writer living in Colorado. If your job offers a 401(k) retirement plan, the amount you take home in your paycheck might decrease if you miss an automatic ...
Mandatory auto-enrollment for new 401(k) plans Another Secure 2.0 change is auto-enrollment for certain 401(k) plans. Starting in 2025, most 401(k) and 403(b) plans established after Dec. 28 ...
Changes to 401 (k) plans in 2025 include higher contribution limits and new auto-enrollment requirements aimed at increasing retirement savings.
Mandatory auto enrollment has been shown to significantly increase 401(k) participation, which can also increase retirement savings available at the end of your career. Some companies already have ...
Retirement can be a daunting prospect, especially for new workers. To this end, Congress passed several rounds of legislation ...
If you’re unfamiliar with the ins and outs of 401(k)s, you may not know which notices should move you to act and which are ...
Employers with five or more employees who do not currently offer a retirement plan will be required to register for the state ...