Included in the $1.7 trillion federal spending bill signed into law last month are provisions that could affect Americans' retirement and savings decisions.
Mike Neugent, assistant finance professor-educator and director of the MS Finance program, told WVXU's "Cincinnati Edition" that a provision in the new bill that caught his eye was the automatic enrollment option for new retirement plans.
"The person is automatically enrolled in the program - you have to opt out," Neugent said. "Regrettably, a lot of employees have access to plans, but don't participate."
/University Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
