Tag: automatic enrollment

Among plans with both automatic enrollment and escalation, 70% have participants saving 10% of more.

Seventy percent of those with less than $45,000 in household income say they cannot afford to save for retirement.

Automatic enrollment, higher initial deferral rates and financial counseling are just a few that more employers are adopting.

Voya Financial says plan sponsors should not be intimidated about raising default savings rates.