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Nipa News: Pitfalls of Auto-Enrollment

NIPA News: Pitfalls of Auto-Enrollment. Like a new shiny toy, when auto-enrollment is implemented by 401k and 403b plan sponsors and their providers, a lot of attention is paid. But after the initial implementation, mistakes can be made as attention wanes.

“It’s not a matter of whether mistakes will be made [with auto-enrollment], it’s a matter of when,” states FIS VP Robert Richter attending NIPA’s national conference in Las Vegas. As a result, the IRS has introduced a forgiveness program that plan sponsors can use to remedy issues until 2020.

Hear from attorney Richter, a long time ERISA specialist, about this IRS program as well as pitfalls that unfortunately come with auto-enrollment.


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401kTV Genie Awards

401kTV GENIE Award Nominations Now Open

401kTV GENIE Award Nominations Now Open  401kTV GENIE Award Nominations continue to be strong for the August 22 Program at the Park Lane Hotel in New York City. The 401kTV GENIE Awards will be recognizing Plan Sponsors, Retirement Plan Advisors ...