Behavior
A small fraction of U.S. workers are on federal disability insurance – about 8 million – but the monthly cash payments are crucial to them because they’re no longer able to work. What stands out in a new study – the first fine-grained picture of who gets the benefits – is that Black Americans are highly reliant…
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…
