Its been said that the overwhelming inertia of Americas savers who know they should be doing more, or anything, but cant get their act together might be a positive factor when it comes to 401(k) plan success.
More and more, companies which have integrated auto-enrollment and auto-escalation features into the retirement plan design are producing impressive participation and savings rates, more in line with the targets that will result in the kinds of 401(k) balances participants will need in retirement.
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