If I were you, I would pass a law that says if you want to be a 401(k) plan, you have to automatically enroll all your employees in it every year and have the default contribution level be at 6 percent and automatically increase that level over time.
Hatch advocates for mandatory automatic enrollment in 401(k) plans to enhance retirement savings.
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The Finance Committee has worked with the Treasury Department to ensure proper responsiveness to committee inquiries. We are continuing to review these matters to determine what further oversight is required.
Understanding what is happening in field and regional offices is critical in the role of executive leader of the agency.
Having a confirmed Commissioner, and sustained leadership, will benefit the Social Security Administration.
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