Tag: automatic enrollment
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…
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…
