Tag: retirement plan contribution rate

Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.

Despite consistent contributions, participants taking loans or hardship withdrawals are half as likely to use auto-increase plan feature, T. Rowe...

Nearly 75% of student loan borrowers expect that resuming payments will impact their ability to save for retirement, and some...

Re-enrollment and auto-sweeps can result in greater savings rates.

The amount of the increase in contributions depends on employees’ age and initial contribution level, research from the Employee Benefit...