Ann Tergesen
speaker
57 appearances
2 recordings
1 series
first heard Aug 2017
last heard Sep 2023
Ann Tergesen’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · States Begin Auto-Enrolling Workers in Retirement Plans · 17 Aug 2017
podcast
The first groups, large companies with 100 or more employees are going to be required to do this starting January 1st.
So the state wanted to start with a small group to kind of see, you know, where the glitches were and iron everything out before they rolled it out on a big level.
I spoke to several of the employers who were involved in this pilot program.
These are people who are very enthusiastic about the concept.
They don't perceive it as a burden.
And in fact, they believe that it's sort of something that they really want to offer their employees.
They believe it's important to save for retirement.
They've been stymied in finding a suitable 401k plan for their employees because costs are often very high for 401k plans for small businesses.
And these are generally small businesses.
So-
They're happy to have the program.
They're happy to be able to offer this as a benefit to their employees.
However, I think in the population at large, there definitely are businesses that feel the opposite.
They obviously haven't volunteered to start early, but they will be required to implement this.
And particularly, I spoke to a business owner who has a lot of hourly workers who change their hours every week.
And so he already has a very labor-intensive payroll to do, and he feels that this will just add to the burden.
You're welcome.
Showing 41–57 of 57 · page 3 of 3
← Previous