WEBINAR: 5 Things to Know About Autosave for Employers

Thursday, October 15th, 3pm ET

American workers need and want to build more emergency savings. Forward-thinking employers are now in a unique position to help them save. New policy guidance from the CFPB, secured by Commonwealth as a part of BlackRock’s Emergency Savings Initiative, opens the door for employers to develop and implement Autosave for Emergencies (Autosave), automatic enrollment into short-term emergency savings accounts. So what does this actually mean for employers? Where do they even begin? This webinar will provide 5 tactical steps towards how to create a first-of-its kind program at your institution.

Decades of research on 401(k) accounts has demonstrated that auto-enrollment and auto-contribution are effective methods for helping employees build savings for retirement. Now is the time to test it for emergency savings.

The new policy guidance clarifies a longstanding federal rule that acted as a barrier to employers implementing automatic enrollment in emergency savings programs for their workers.

In this webinar, Commonwealth Senior Policy Manager Jason Ewas will present the Path to Autosave and offer 5 steps to how employers can submit a CFPB CAST application for a groundbreaking Autosave program.

Featured Panelists:

• Jason Ewas, Senior Policy Manager, Commonwealth
• Arielle Miller, Emergency Savings Project Lead, BlackRock