The Obama administration observed Labor Day by rolling out a batch of notices and rulings intended to improve worker access to retirement savings programs.
The U.S. Treasury Department has issued several sample amendments, designed to simplify the process employers must follow when adding automatic enrollment options to 401(k) and SIMPLE IRA plans.
The department has also weighed in on the rules that apply to governmental retirement plans.
The sample auto enrollment amendments are available at //www.irs.gov/pub/irs-drop/n-09-65.pdf, //www.irs.gov/pub/irs-drop/n-09-66.pdf and //www.irs.gov/pub/irs-drop/n-09-67.pdf.