Tag: retirement
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…
Upon retiring, you suddenly have access to a chunk of money that’s been accumulating in your 401(k). It’s easy to make a move that incurs unfamiliar tax consequences or otherwise jeopardizes your hard-earned savings. Based on interviews with financial planners, as well as experts at the Center for Retirement Research, which funds this blog, Squared…
