G2TT
来源类型Brief
规范类型简报
Storm Clouds Ahead for 401(k) Plans?
Pamela Perun
发表日期2008-08-11
出版年2008
语种英语
概述Designed to promote retirement saving, the Pension Protection Act of 2006 clarified auto-enrollment, auto-contribution, and auto-investment rules in employer 401(k) plans. Early evidence suggests that the legislation boosted these plan features and increased employee participation in 401(k) plans. It is too soon to gauge the act's ultimate success, however, because it hinges on the number of new participants
摘要
Designed to promote retirement saving, the Pension Protection Act of 2006 clarified auto-enrollment, auto-contribution, and auto-investment rules in employer 401(k) plans. Early evidence suggests that the legislation boosted these plan features and increased employee participation in 401(k) plans. It is too soon to gauge the act's ultimate success, however, because it hinges on the number of new participants that will eventually amass substantial account balances. Adding to the uncertainty, the recent LaRue Supreme Court decision, which highlights the legal liability that employers face as plan fiduciaries, could undermine future retirement security by making some employers reluctant to sponsor plans.
主题Aging ; Economic Growth and Productivity ; Income and Wealth ; Job Market and Labor Force
URLhttps://www.urban.org/research/publication/storm-clouds-ahead-401k-plans
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/476347
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Pamela Perun. Storm Clouds Ahead for 401(k) Plans?. 2008.
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