Automatic 401K Enrollment: How To Make Your Company's Plan Work For You

Automatic 401K Enrollment Gives Employees More Incentive To Save
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If you've started a new job recently -- or at least since 2006 -- you may have found that your new company automatically enrolled you in its 401(k) plan. Why 2006? Because that's when Congress passed the Pension Protection Act of 2006, which encouraged companies to automatically enroll employees in 401(k) plans and cleared up some of the legal issues surrounding the practice.

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