401k Enrollment

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401k Enrollment involves choosing to register for an employer’s 401k plan. In the typical 401k plan, employees decide whether to invest, how much to invest, how the money is invested. Investments are commonly made through payroll deductions.

In some cases, larger employers automatically enroll workers. Companies can automatically enroll its newly hired employees as long as they are properly informed and have the opportunity to opt out.

401k Enrollment - definition

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Companies in Massachusetts can use a local Massachusetts 401k advisor