Tag: 401(k)
The brief’s key findings are: While auto-enrollment boosts 401(k) participation, the resulting cost pressure on matching contributions could prompt employers to reduce their match. Analysis using the National Compensation Survey finds that plans with auto-enrollment do have lower match rates than plans without auto-enrollment. This finding suggests that employers may, indeed, be lowering their matc…
The brief’s key findings are: Due to 401(k) rollovers, IRAs have become the biggest form of retirement savings. But IRAs tend to have higher fees, partly because commissions – such as 12b-1 fees – encourage broker-dealers to sell more expensive mutual funds. 12b-1 fees would have been eliminated under a 2010 Department of Labor reform proposal. This…
