Which of these Acts is attempting to address the low savings rate of workers in the U.S.by including an automatic enrollment ("default option")in employees' retirement accounts?
A)The Economic Recovery Tax Act of 1981
B)The Tax Reform Act of 1986
C)The Tax Relief Act of 1997
D)The Pension Protection Act of 2006
E)None of the options is correct

Question

Quizplus · Accepted Answer

The Pension Protection Act of 2006 includes provisions for automatic enrollment in retirement accounts (also known as "default options") in order to encourage higher savings rates among workers.

Which of These Acts Is Attempting to Address the Low