Featured Jobs
|
DWC - The 401(k) Experts
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
PPS Pension Services
|
|
Compass
|
|
Frank Pension Consultants, Ltd.
|
|
DWC - The 401(k) Experts
|
|
Compass
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
New Law To Expand Reach of 401(k)s -- Way Is Cleared for Default Enrollment
The Washington Post; subscription may be required 
Dec. 24, 2007
Excerpt: The provision, part of the Pension Protection Act of 2006, allows companies to invest their employees' retirement savings in one of three types of funds without being held liable for losses. By absolving the companies of any liability should the investments go bad, Labor Department officials expect to clear the way for automatic enrollment. Under the new rules, employees could be enrolled in a company-sponsored retirement program unless they opt out of it.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |