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You will leave this session with a comprehensive understanding of how automatic enrollment works within a retirement plan. The Pension protection Act of 2006 added special rules that allow section 401(k), 403(b) and 457(b) plans to skirt ADP and ACP testing requirements that normally apply to these plans if certain requirements are satisfied. During this interactive session, we will discuss the following: • The background and history of automatic enrollment • The benefits of adopting a "qualified automatic contribution arrangement" • The technical requirements of a qualified automatic contribution arrangement
