An Opt-Out Plan is a type of retirement savings plan where employees are automatically enrolled, but they can choose to leave the plan if they want to. Instead of needing to sign up, employees are included by default and a portion of their paycheck is directed into a retirement account. This approach helps people start saving early, even if they’re not actively thinking about retirement. If someone doesn’t want to participate, they can simply choose to opt out. These plans are designed to make saving easier and more automatic, which can lead to better long-term outcomes for workers who might otherwise delay getting started.