Tag: 401k
Abstract We examine the international equity allocations of over 3 million individuals in 296 401(k) plans over the 2006-2011 period. These allocations show enormous cross-individual variation, ranging between zero and over 75 percent, as well as an upward trend that is only partially accounted for by the slight decrease in importance of the U.S. market…
The brief’s key findings are: Defaults, such as 401(k) auto-enrollment, have encouraged people to adopt behaviors that align with their intentions. Researchers have begun to explore what happens when the default may not align with intentions. A new experiment tested whether defaults could encourage low-income tax filers to invest about 10 percent of their refunds…
