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<blockquote data-quote="Ms.PacMan" data-source="post: 1091356" data-attributes="member: 4656"><p>It looks like the IRS says they can </p><p><a href="http://www.irs.gov/Retirement-Plans/IRC-401(k)-Plans-Operating-a-401(k)-Plan" target="_blank">IRC 401(k) Plans - Operating a 401(k) Plan</a></p><p></p><p>and this</p><p></p><p></p><p>Before the plan can deposit the first contribution, you must provide employees with an automatic enrollment notice describing the plan’s automatic enrollment process and participant rights. The notice must specify the deferral percentage, the participant’s right to change the automatic percentage, his or her right to opt out, and the default investment information. After the first notice you’ll need to send out this notice annually</p><p></p><p><a href="http://csa-cpa.com/the-quickest-way-to-boost-retirement-plan-participation-is-automatic-enrollment/" target="_blank">source</a></p><p></p><p>Not everything is junk mail......I'm sure we will now hear how the op never received a notice, etc., etc..</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 1091356, member: 4656"] It looks like the IRS says they can [URL="http://www.irs.gov/Retirement-Plans/IRC-401(k)-Plans-Operating-a-401(k)-Plan"]IRC 401(k) Plans - Operating a 401(k) Plan[/URL] and this Before the plan can deposit the first contribution, you must provide employees with an automatic enrollment notice describing the plan’s automatic enrollment process and participant rights. The notice must specify the deferral percentage, the participant’s right to change the automatic percentage, his or her right to opt out, and the default investment information. After the first notice you’ll need to send out this notice annually [URL="http://csa-cpa.com/the-quickest-way-to-boost-retirement-plan-participation-is-automatic-enrollment/"]source[/URL] Not everything is junk mail......I'm sure we will now hear how the op never received a notice, etc., etc.. [/QUOTE]
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