Tag: retirement savings
The brief’s key findings are: The National Retirement Risk Index framework is used to address how much working-age households need to save for retirement. A typical household should get a third of its retirement income from a savings plan, with the low income needing one quarter and the high income one half. A typical household…
The brief’s key findings are: While auto-enrollment boosts 401(k) participation, the resulting cost pressure on matching contributions could prompt employers to reduce their match. Analysis using the National Compensation Survey finds that plans with auto-enrollment do have lower match rates than plans without auto-enrollment. This finding suggests that employers may, indeed, be lowering their matc…
