401k Auto Portability's Significant Benefits to Pending Legislation

We find that if you add auto portability to that, you get another 11 to 14 percent reductions in retirement deficits, depending on race,” ...

Five Reasons Why New 401k Auto Portability Legislation is So ...

Five Reasons Why New 401(k) Auto Portability Legislation is So Important · 1. It Promotes Good Retirement Savings Public Policy · 2. It Creates a More Durable ...

EBRI Research Reveals Auto Portability's Massive Incremental ...

EBRI Research Reveals Auto Portability's Massive Incremental Benefits to Pending Legislation · Employer student loan “offset” contributions. · A “ ...

a proposed regulation on automatic portability transactions

The goal of automatic portability transactions is to help workers keep track of their retirement savings accounts and improve retirement security.

Retiring the 401(K): A New Framework For Retirement Savings

... significant retirement tax benefits that are only available in 401(k) accounts. ... Indeed, the Employee Benefit Research Institute studied how “auto portability ...

Secure 2.0 – Update and Analysis on New Retirement Plan Provisions

This change enhances tax benefits for higher earners, allowing them to pay taxes on these contributions upfront rather than at retirement. It's ...

Portable 401(k) Plans Stumble on Incentives for Industry Buy-In

“There is a particular need for automatic portability solutions that help ensure participants remain connected to their retirement savings when ...

Department of Labor Releases Proposed Auto-Portability Reg

The DOL said automatic portability transactions aim to help workers keep track of their retirement savings accounts and improve retirement security.

Secure Act 2.0 | What the new legislation could mean for you

For people years away from retirement ... 6. Automatic enrollment and automatic plan portability. The legislation requires businesses adopting new 401(k) and 403( ...

How the DOL's Auto-Portability Proposal Works | PLANSPONSOR

Under current rules, service providers offering this transfer service, called auto-portability, could not assess a fee directly to the IRA owner ...

Supporting Research - Portability Services Network

401k Auto Portability's Significant Benefits to Pending Legislation. Writing in 401k Specialist Magazine, RCH's Tom Hawkins recaps a 9/13/21 Employee Benefit ...

Defined Contribution/401(k) Plan Reform - American Benefits Council

Source Documents ; Bill · Sunday, December 31, 2023 ; Tuesday, June 13, 2023 ; Correspondence · Tuesday, May 23, 2023.

Legislative Updates Resources for Plan Sponsors | TRA

Signed into law on December 20, 2019, the SECURE Act ushered in the most significant changes to retirement plans since the Pension Protection Act of 2006.

Three DOL Developments for Retirement Plan Sponsors

The DOL issued proposed rules establishing conditions for prohibited transaction relief. The overall terms and details of an automatic ...

What's on Tap for the Next Retirement Plan Policy Bill? - ASPPA

Publish Date: · By: · Automatic Reenrollment · Startup Credit Boost for Micro Employers · ERISA Minimum Age Participation Requirement · Roth IRA ...

DOL Drops Off Proposed Auto-Portability Exemption at OMB

Proposed guidance implementing the SECURE 2.0 Act's provision providing an exemption for certain automatic portability transactions has moved one step closer ...

Pending SECURE Act 2.0 Legislation: Significant Changes for ...

Adds an alternative method of satisfying nondiscrimination testing for 401(k) plans that automatically enroll employees; default contributions ...

How DOL's Proposed Automatic Portability Regulations Will Affect ...

The U.S. Department of Labor (DOL) recently issued proposed regulations on automatic portability programs. These programs help employees who ...

Automatic Portability Transaction Regulations - Federal Register

Employee Benefits Security Administration (EBSA), Labor. ACTION: Notice of proposed rulemaking. SUMMARY: This document contains a proposed rule ...

ERISA group urges DOL to simplify its new 401(k) 'automatic ...

The Labor Department should simplify its proposed rule to encourage participation in automatic portability arrangements in defined contribution plans.