Browsing Tag
401(k) Auto-Enrollment
107 posts
401(k) auto-enrollment is a retirement plan feature where employees are automatically enrolled in their employer’s 401(k) plan at a preset contribution rate unless they choose to opt out or adjust it. This helps increase participation and savings by making enrollment the default choice, making it easier for employees to start saving for retirement without needing to take initial action.
Clear, Confusing? Public Perception of Auto Enrollment, Escalation
The “auto” revolution (enrollment, deferral, escalation) in 401k and similar retirement plans is widely regarded as one of…
Unintended Consequences of Stretching the 401(k) Match
When it comes to behavioral nudges to encourage higher participation and contribution rates in 401(k)s, stretching the match…
Auto-Portability: Preventer of 401(k) ‘Leakage’
Everyone hates “leakage.” The term itself has no known positive connotations, and if you are experiencing it, you…
Are You a ‘Digital Fiduciary’? You’d Better Be
It’s not enough to examine investment products alone for (potential) inclusion in the retirement plan menu. Plan sponsors…
Was myRA Misrepresented? Why the Trump Administration Killed the Program
Mark Iwry doesn’t like certain descriptions of the now defunct, about-to-be-revived myRA program, a high-profile part of the…
5 Ideas to Push 401(k) Auto Innovation Forward
Without a doubt, the defined contribution “auto-revolution” (auto-enrollment, auto-deferral, auto-escalation) has had a major impact on the savings…
Don’t Fret! Here’s How to Fix 401(k) Elective Deferral Failures
In order to encourage employers to use plan designs that include automatic contribution features (such as auto enrollment…
401(k) Savers Keep On Truckin’ Despite Shocks, Setbacks
401(k) savings show strong growth after the recession, proving retirement savers stayed committed and increased balances across generations.
Shock (Not)! Automatic Enrollment Boosts Retirement Plan Participation
“Opt-in” versus “opt-out”—it’s one reason countries like Austria have such high organ donor rates when compared with their…
401(k) Millionaires Club Membership Hits All-Time High
It’s official, there are more 401(k) millionaires than ever before, according to mutual fund behemoth Fidelity Investments’ latest…