Tag: PSCA
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…
New Vanguard report confirms auto-enrollment leads to lower saving rates. Each year Vanguard publishes “How America Saves,” a compilation of an enormous amount of data on the 401(k) plans that the company administers. Because I have been concerned about how auto-enrollment has evolved, I turned to that section in this year’s report. Some background on…
