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Under PPA, Companies Play Key Role in Keeping Employee Retirement Savings on Track
CFO Link to more items from this source
Apr. 2, 2007

Excerpt: Passage of the Pension Protection Act (PPA) last August gave plan sponsors strong incentives to build a range of automatic enrollment, escalation, and rebalancing features into their 401(k) plans, along with a default selection of investments. [T]he PPA in effect restores some of the paternalistic employer management characteristics of the defined-benefit era.

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