Gilmore Posted June 21, 2021 Posted June 21, 2021 Is it acceptable to provide that the initial default rate in a QACA will increase on the anniversary of the participants initial automatic enrollment? For example, participant is auto enrolled at 3% on July 1, 2021. The deferral rate would increase to 4% on July 1, 2022, 5% on July 1, 2023, etc? Thank you very much.
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