Principal 401(k) participants increase deferrals with online tool

Published Updated 2 Min Read

Retirement plan participants using an online tool save at an average rate of 39% higher than other plan participants, according to a study by Principal Financial Group of its clients.

Principal first launched the tool, called My Principal Edge Milestones, in 2008. The online feature evaluates retirement savings and then provides an investment plan towards a specific savings goal.

Lorie Konish
Former managing editor

Konish a former managing editor of On Wall Street.


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