Within certain guidelines, employers are generally allowed to auto-enroll workers in employer-sponsored retirement plans and divert a set percentage of compensation into workers' accounts unless they specifically opt out or change the contribution rate. Automatic enrollment tends to boost participation; in fact, average participation for company plans with auto enrollment exceeds 85%, compared with 67% for plans without it.1
WASHINGTON (AP) - After more than 40 years of study, the U.S. government says it has found no evidence that common anti-bacterial soaps prevent the spread of germs, and regulators want the makers of Dawn, Dial and other household staples to prove that their products do not pose health risks to consumers.
DENVER (AP) - The U.S. and Canadian military will entertain millions of kids again this Christmas Eve with second-by-second updates on Santa's global whereabouts. But there's something new this year: public criticism.
SAN JOSE (AP) - A state judge on Monday ordered paint companies to pay 10 California cities and counties $1.1 billion to remove lead from millions of older homes.
Recently, one of my readers criticized some points I made in a column. Among other things, he complained that my philosophy (at least according to his take on my columns) is too upbeat. He said this: "As you see it, everything about Social Security is good."
GAYLORD, Mich. (AP) - A retired mail carrier said he's been fired from a job as a greeter at a retail store in northern Michigan after rushing to the parking lot to put out a vehicle fire.
NEW YORK (AP) - Financial services firm Cantor Fitzgerald, which saw 658 of its 1,000 employees killed in the Sept. 11 attacks, has nearly completed a settlement with American Airlines and insurance carriers, according to documents filed in federal court.
SACRAMENTO (AP) - Older Californians are continuing to enroll in the state's health exchange at a higher rate than younger residents, according to figures released Thursday.
NEW YORK (AP) - Many Americans are watching the annual holiday spending ritual from the sidelines this year.
NEW YORK (AP) - Dorito dust may be the new salt for more restaurant chains.
DETROIT (AP) - New cars and trucks sold in the U.S. last year got an average of 23.6 miles per gallon in combined city and highway driving, a record that came mainly through improvements to engines and transmissions, according to the Environmental Protection Agency.
SAN FRANCISCO (AP) - Amazon.com Inc.'s grocery delivery service is rolling into San Francisco.
MINNEAPOLIS (AP) - The cost of flying is headed higher now that Congress has agreed on a budget deal.
NEW YORK (AP) - Facebook will join the Standard & Poor's 500 stock index, replacing technology supplier Teradyne Inc., while Abercrombie & Fitch is downgraded from the benchmark index.
WASHINGTON (AP) - As federal regulators consider removing a decades-old prohibition on making phone calls on planes, a majority of Americans who fly oppose such a change, a new Associated Press-GfK poll finds.
NEW YORK (AP) - Shares of Tesla Motors Inc. surged 16 percent Tuesday after a Wall Street analyst told investors that Tesla could shake up the electric utility sector as well as the auto industry.
LONDON (AP) - Early Tuesday, the world's most established exchange for bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon be strangled by fraud or regulation.
NEW YORK (AP) - Egg McMuffin, meet the Waffle Taco.
BARCELONA, Spain (AP) - Samsung sought Monday to frame its new Galaxy S5 smartphone as a lifestyle product, as it emphasized a built-in heart-rate sensor and improved camera features over its slightly larger size.
NEW YORK (AP) - Mark Zuckerberg, known for his outsized ambitions for Facebook, is applying a similar long-term vision to bringing the Internet to the billons of people around the world who don't already have access.
SAN JOSE (AP) - It used to be that "hacking" was just a type of crime, a computer break-in. But today, the term is also part of a growing - and perfectly legal - mainstay of the tech sector.
CHICAGO (AP) - For many older Americans who lost jobs during the recession, the quest for health care has been one obstacle after another. They're unwanted by employers, rejected by insurers, struggling to cover rising medical costs and praying to reach Medicare age before a health crisis.
BILLINGS, Mont. (AP) - At least 10 times since 2008, freight trains hauling oil across North America have derailed and spilled significant quantities of crude, with most of the accidents touching off fires or catastrophic explosions.
MOSCOW (AP) - A trade ban on lacy lingerie has Russian consumers and their neighbors with their knickers in a twist.