Randall & Hurley, Inc.
Loren D. Stark Company
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|Ways and Means Greenlights Automatic Retirement Arrangements|
American Retirement Association [ARA]
Sept. 10, 2021
"The retirement subtitle, which is estimated to cost nearly $47 billion over 10 years, was approved by the Committee Sept. 9 ... [T]he legislation would require employers without employer-sponsored retirement plans to automatically enroll their employees in IRAs or 401(k)-type plans. It also would provide an increase in the credit limitation for small employer pension plan startup costs and adds a new credit for certain small employer automatic retirement arrangements."
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