Automatic 401(k) Enrollment

[Guest Sheree Wynn]

I understand the IRS has given the green light for employers to add automatic enrollment features to 401(k) plans. Specifically, an employer designates a percentage of pay that will be set aside in the plan and employees wanting anything other than the default arrangement must submit a request to the employer. Does anyone have wording that is in a working plan? Additionally, I am in Utah, which requires employee written permission for such deductions.