Automatic Enrollment: This Is The Way

Automatic Enrollment: This Is The Way

by Tenechia D. Lockhart, Jackson Lewis Law Firm Thanks to SECURE Act 2.0, newly established 401(k) and 403(b) plans must now have an automatic enrollment.  The SECURE Act 2.0 was passed in December 2022 and made sweeping changes to retirement plan regulations. What is...
How to Offer a 401(k) Plan to Employees

How to Offer a 401(k) Plan to Employees

In 1974, the Employee Retirement Income Security Act (ERISA) created the modern 401(k) plan. Despite its many benefits for employees, this plan remained underutilized for many years because many employers didn’t know how to set up a 401(k) for employees. Managing a...