The automatic 401(k) is sweeping the defined contribution landscape. For employees, saving for retirement is automatic. They are enrolled at a pre-set contribution level into pre-selected investment funds and are in the plan unless they opt out.
With an automatic 401(k), not only will your employees save more for retirement and experience greater job satisfaction, it will generally be easier for your company to pass nondiscrimination testing.
We’ve set out with one goal in mind — to simplify and demystify the Automatic 401(k) process. So it only makes sense to make getting started as clear and easy as possible.
 
Automatic 401(k) Features at Nationwide to Help Prepare Associates for Retirement
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