Plan Design Progression Leading to Higher Retirement Savings
Participation rates were nearly 96% higher for plans—a difference of 40 percentage points—with auto enrollment; the usage of auto escalation...
Tag: Auto Enrollment
Shorter Employee Tenure Demands Progressive Plan Design
A worker’s tenure plays into his eligibility to join and his level of engagement with retirement plans, and for this...
Nearly Half of State and Local Government Employees Approve of Auto-Enrollment
If they were automatically enrolled into a defined contribution plan, 77% say they would remain in the plan.
Most Participants Not Receiving Retirement Savings Advice
Of those who do seek retirement investments advice, financial advisers are the most utilized source, according to a survey by...