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Participant Education Coupled with Auto Enrollment

Participant Education Coupled with Auto Enrollment

Participant Education is a large contributor to the success of a 401k plan.  Sometimes plan sponsors will auto enroll participants or auto increase the savings rates in the absence of strong communications efforts.  At the conclusion of a Plan Sponsor University (TPSU) Fiduciary Education Program held at the Rice University in Houston, TX, TPSU Founder and CEO, Fred Barstein spoke with TPSU program attendee, Sharon, Manager of Human Resources at her firm.  Sharon’s organization feels that any auto feature that is being implemented as a default for plan should be augmented with a n equally strong communications effort. Sharon describes that concept within this video.

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Retirement Security Becomes More Accessible Under Proposed Law

Retirement security for American workers made a giant legislative leap last week.  The House Ways and Means Committee passed the Securing a Strong Retirement Act, also known as SECURE 2.0, to the House floor.  SECURE 2.0 furthers initial progress made ...