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Tag Archive | "auto-enrollment"

Are 401(k) plans with auto-enrollment less generous?

Are employers stingier with their 401(k) matching contributions when they automate the enrollment process? Auto-enrollment has been a hot trend in the 401(k) world over the last few years. The idea is to nudge workers to save who might not otherwise do so through a simple behavioral change: action needs to be taken to opt [...] [...more]

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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]

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