Tag: auto-escalation
Forty percent of U.S. private-sector workers in a 401(k) retirement plan are in plans with automatic enrollment, and the widely agreed-upon story is that these plans work well. Now comes a more nuanced assessment, which finds they aren’t working quite as well as everyone had hoped. The study, conducted by some of the pioneers in…
Reports provide mixed picture on plans already automated. Given the large gap between retirement needs and retirement resources, our retirement programs need to work as well as possible. In the private sector, 401(k) plans, the main vehicle for retirement saving, are not working as well as they could. This problem could be remedied with mor…
