Automatic Contributions Made Easy Installment 3 - Enrollment and Escalation
Welcome to the third installment in our educational series, Automatic Contributions Made Easy: Employer Guide and Best Practices. This week’s installment highlights the significance of the participant enrollment process in the successful administration of an automatic contribution arrangement. Additionally, this installment covers the reporting tools available to assist employers with the enrollment process and provides an overview of the automatic escalation feature for plans that contain this optional feature.
Remember to watch the video by clicking the video link.
We hope you find this installment and the rest of the ACA educational series helpful in enhancing your understanding and management of the automatic contribution arrangement feature. We would love to hear your feedback on this issue and the series as a whole. Each client response will be entered into our customer appreciation raffle which will be drawn at the conclusion of the ACA educational series. Please email your feedback to mvp@mvp401k.com to be entered into the raffle!
We are here to help answer any questions you may have about ACA or your plan in general. Please reach out to your Relationship Manager who will be happy to assist.