July 10, 2010
We all know that many state retirement plans (defined benefit plans) or pensions are in trouble. We all know that many workers who have access to a defined contribution plan such as a 401(k) underutilize or simply do not participate. So what do you get when you combine the two? The smoke and mirrors effect [...]
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February 19, 2010
Auto-enrollment in 401(k) retirement plans was mandated in the Pension Protection Act of 2006. The PPA saw the idea as a way to help ensure that employees at least had a jump start at retirement. By enrolling new employees automatically, the theory of getting more workers involved in the plan sooner would them an opportunity [...]
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