Implementing Bell's Blueprint recommendation No. 25 to encourage employers to automatically enroll workers in pension plans
Type:
Blueprint for Opportunity 2006
Published Date:
December 4, 2006
Author:
Jones, Rich
Colorado's political, business and community leaders should encourage employers to use automatic enrollment for 401(k) pension plans. We should also educate workers about the value of participating in these plans and of increasing contributions over time to meet retirement needs. Automatic enrollment is allowed under federal law, and pension reform legislation passed by Congress in August provides additional incentives to do so.
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401 | automatic | congress | enrollment | Pension | retire | retirement | retirement planning |
