{"id":1225,"date":"2020-02-07T06:51:00","date_gmt":"2020-02-07T12:51:00","guid":{"rendered":"https:\/\/www.insure-us.org\/blog\/?p=1225"},"modified":"2020-01-15T11:03:06","modified_gmt":"2020-01-15T17:03:06","slug":"act-pushes-businesses-to-enroll-employees-in-retirement-plans","status":"publish","type":"post","link":"https:\/\/www.insure-us.org\/blog\/act-pushes-businesses-to-enroll-employees-in-retirement-plans\/","title":{"rendered":"Act pushes businesses to enroll employees in retirement plans"},"content":{"rendered":"\n<p>If the galloping stock market isn&#8217;t enough incentive to get into a 401(k) retirement plan, President Trump&#8217;s Secure Act, which went into effect Jan. 1, 2020, offers another perk.<br>\nThe Act gives a tax credit to employers that automatically enroll workers into their retirement plans.<br>\nStudies show people are more likely to stay in a plan if they are auto-enrolled, rather than have to do it themselves, according to Business Insider.<br>\nUnder the Secure Act, small employers will get a tax credit to offset the costs of starting a 401(k) plan or Simple IRA plan with auto-enrollment, on top of the start-up credit they already receive.<br>\nStates have created their own automatic-IRA programs, where companies without a retirement plan can or must provide one for their employees.<br>\nEnrolling in a 401(k) or IRA vastly expands money in retirement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the galloping stock market isn&#8217;t enough incentive to get into a 401(k) retirement plan, President Trump&#8217;s Secure Act, which went into effect Jan. 1, 2020, offers another perk. The Act gives a tax credit to employers that automatically enroll workers into their retirement plans. Studies show people are more likely to stay in a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,32],"tags":[],"class_list":["post-1225","post","type-post","status-publish","format-standard","hentry","category-education","category-general"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/posts\/1225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/comments?post=1225"}],"version-history":[{"count":2,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/posts\/1225\/revisions"}],"predecessor-version":[{"id":1227,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/posts\/1225\/revisions\/1227"}],"wp:attachment":[{"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/media?parent=1225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/categories?post=1225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insure-us.org\/blog\/wp-json\/wp\/v2\/tags?post=1225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}