Remove 2006 Remove Employment Remove Pension Remove Take Home Pay
article thumbnail

Why SECURE 2.0 Act Auto-Enrollment and Escalation Will Boost Employee Financial Well-Being

Griffin Benefits

This rule will apply to employers who have started retirement plans after December 29, 2022, and take effect for plan years starting in 2025. There is an exception for new companies in business for less than three years, employers with 10 or fewer employees, and governmental and church plans. The SECURE Act 2.0 SECURE ACT 2.0

401(k) 52