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Automatic Enrollment and Contribution Escalation<br>New retirement plans starting in 2025 will be required to implement automatic enrollment and contribution escalation.<br>The default contribution rate will be set between 3% and 10%, with an annual automatic increase of 1% until it reaches at least 10% but does not exceed 15%.<br>Automatically enrolling employees helps them save more for retirement by increasing their contributions.<br>
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