Meaning Automatic enrollment
What does Automatic enrollment mean? Here you find 3 meanings of the word Automatic enrollment. You can also add a definition of Automatic enrollment yourself
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Automatic enrollmentYour 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 [..]
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Automatic enrollmentEmployers with more than 200 full-time employees will be required to enroll new full-time employees in a health plan. Employees will be enrolled in the plan with the lowest employee premium unless the [..]
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Automatic enrollmentA credit or debit enrollment entry initiated by a participating DFI to a Federal Government Agency on behalf of an account holder at the DFI.
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