Set it But Don’t Forget it: Maintaining Your Auto-401(k) Features
When 401(k) auto-features like automatic enrollment, automatic deferrals, and automatic escalation first emerged, they seemed like a total game-changer. Research shows these features can increase participation dramatically—by over 15 percentage points on average. And the gains are the biggest among lower income and minority workers who can benefit most. Auto-features are doing their job on […]
