Automatic Enrollment Requirement: Preparing for the Future
Starting January 1, 2025, 401(k) automatic enrollment will become mandatory for all new plans. this shifts from an “opt-in” to an “opt-out” system. More people will save for retirement, but you need to be prepared for these changes. We explain how these changes will affect your retirement plans and what steps you can take to ensure a secure financial future.
Jeff Dickerson, VP, Retirement Plan Representative, and Jonathan Hirz, Compliance Assistant Manager at Slavic401k, will guide you through the implications of automatic enrollment. They will provide practical advice on how you can prepare for these changes and make the most of the opportunities they present.
Download the slide deck and join us for an insightful webinar.
Session Highlights
- The basics of 401(k) automatic enrollment and how it works
- The benefits of participating in a 401(k) plan
- How to manage your contributions and investment options
- Tips for maximizing your retirement savings
- How to opt out of automatic enrollment
- Getting started: watch “How to Enroll” video
Participant Benefits
The SECURE 2.0 Act will transform the retirement landscape, bringing significant changes that will impact participants and employers. From enhanced benefits to easier access to retirement plans, the impact is substantial. Staying informed about these updates is essential as the legislation evolves and new regulations are introduced.
