Auto-enrollment in 401(k) plans growing quickly
Fidelity Investments reports a 70 percent increase in workplace retirement plans adding auto-enrollment feature since 2007, a figure representing a survey of the company’s client base. Fidelity reports that 52 percent of auto-enrolled participants were between the ages 20 and 34 - meaning this feature plays a role in helping younger workers kick-start their retirement [...] [...more]
