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Summary of the Save More for Retirement Act of 2005 (PDF)
American Benefits Council
[Opinion] Apr. 25, 2005
2 pages. Excerpt: This legislation will provide incentives for employers to offer or modify their existing 401(k) and other self-directed retirement plans so that employees are enrolled upon hire unless they opt out of participating. It contains a section that offers specific relief from discrimination testing if a plan meets a set of criteria that has been proven to increase savings for workers.
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