Tag: autoenrollment
A longer look lowers estimates of its impact, but making saving easy remains essential. The same research team that documented the impact of auto-enrollment and auto-escalation in 401(k) plans has returned to the topic to assess how real-life events affect the longer-run effect of these automatic provisions. I think it’s really cool for researchers to…
Abstract This study uses restricted microdata from the National Compensation Survey to examine the impact of auto enrollment on employee compensation. By boosting plan participation, automatic enrollment likely increases employer costs when previously unenrolled workers receive matching retirement plan contributions. Our data show significant negative correlation between employer match rates and automatic enrollment provision. W…