Automatic Enrollment

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An employer-sponsored retirement plan in which the employer is able to enroll an employee without that employee's express authorization. The employer determines what percentage of the employee's salary or wages is contributed to the plan. The employee is able to change this percentage and can even refuse enrollment in the plan, but he/she must do so in writing.

Automatic enrollment. Your employer has the right to sign you up for your company's 401(k) plan, in what's known as an automatic enrollment. If you don't want to participate, you must refuse, in writing, to be part of the plan.

In an automatic enrollment, the company determines the percentage of earnings you contribute and how your contribution is invested, choosing among a number of potential alternatives. You have the right to change either or both of those choices if you stay in the plan.

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Qualified Default Investment Alternative			Highlights of the initiatives include: * Expanding opportunities for automatic enrollment in 401(k) and other retirement savings plans; * Making it easier for families to save a portion or all of their tax refunds; and * Enabling" workers to convert their unused vacation or other similar leave into additional retirement savings; and For more information, and related IRS technical guidance, visit www. New retirement security initiative by California CPA 51% automatically enroll employees in the DC plan, and 6% say they plan to start automatic enrollment in the next 12 months. Risks mount in retirement plans by Treasury & Risk A third (34 percent) of the more than 300 mid-sized and large companies Hewitt Associates surveyed this year had adopted automatic enrollment policies--sometimes called "opt out" or "negative election" policies--compared with 19 percent in a similar survey in 2005. Employees not saving enough? More companies making workers 'opt out' ... by Moritz, Gwen / Arkansas Business			Automated Customer Account Transfer Automated Customer Account Transfer Service Automated Export Reporting Program Automated Export System Automated Information Exchange System Automated Manifest Systems automated mortgage underwriting Automated Order System Automated Pit Trading Automated Screen Trading Automated Search and Match automated stock trading Automated System for Customs Data Automated Teller Machine Automated Trade Locator Assistance Network Automated Underwriting Automated Underwriting System automated valuation model Automatic Bill Payment Automatic Checkoff Automatic Coverage Automatic Data Processing Automatic Dialer Automatic Dialing and Recorded Message Player Automatic Dividend Reinvestment Automatic Enrollment Automatic Error Correction Automatic Exercise Automatic Extension Automatic Funds Transfer Automatic Increase in Benefit Provision Automatic Increase in Insurance Endorsement Automatic Interaction Detector Analysis Automatic Investment Program Automatic Merchandising Automatic Non-Proportional Reinsurance Automatic Premium Loan Provision Automatic Proportional Reinsurance Automatic Rebalancing Automatic Reinstatement Clause Automatic Reinsurance Automatic Reinvestment Automatic Renewal Automatic Reorder Automatic Rollover Automatic Stabilizers automatic stay Automatic Transfer Service Automatic Transfer Service Account Automatic Withdrawal Automation			Automatic Efficient Test Generator Automatic Eigen Calculation System Automatic Electric Gun Automatic Electric Pistol Automatic Electric Technical Journal Automatic Electronic Exchange Automatic Electronic Funds Transfer Automatic Electronic Shutter Automatic Electronic Switching Center Automatic Electronic Switching System automatic elevator Automatic ELINT Emitter Location System Automatic ELINT/AEELS Ground Terminal Automatic Email Deletion Automatic Emergency Braking Automatic Emergency Stop Automatic Emergency Voice Alarm and Directions System Automatic Emulation Management Automatic Emulation Switching Automatic Energy Selector Automatic Engagement Planner Automatic Engine Control Automatic Engineer Automatic Engineering and Scientific Optimization Program Automatic Enrollment Automatic Enrollments Automatic Environmental Surface Observation Platforms automatic epilepsy Automatic Equal Ranking Line Option Automatic Equipment Identification Automatic Equipment Test Automatic Error Analysis automatic error correction automatic error correction automatic error correction Automatic Error Corrections Automatic Error Corrections Automatic Evaluation of Ontologies Automatic Event Handler Automatic Event Recorder automatic exchange Automatic Exchange Electric Automatic Exciter Control Automatic Execution Automatic exercise Automatic Exercises Automatic Exhaust Control Automatic expansion gear Automatic Experimental Monitoring automatic exposure automatic exposure Automatic Exposure Control Automatic Exposure Control Automatic Exposure Control Automatic Exposure Control

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