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Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.September 3
Director of retirement servicesBetterment for Business -
Plan sponsors are modernizing traditional auto-services to boost the financial health of varying employee populations.September 4
Vice presidentT. Rowe Price Retirement Plan Services
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Automatic enrollment is starting to generate a backlash with many critiques from analysts saying workers may run up debt to make up for the reduced take-home payJune 29
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Employers should concentrate on adopting measures that enable seamless plan-to-plan savings portability for participants, especially for employee accounts with less than $5,000.June 28
President and CEORetirement Clearinghouse
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Auto enrollment of 401(k) plans could have saved the Keystone State millions to help employees who failed to save for their post-work years.March 14
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Employees often don’t save enough, and few utilize auto-escalation.August 28
CreatorThe Financial Literacy Toolbox
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Younger workers are closing the savings gap due to design features and qualified default investment alternatives like target-date funds or managed accounts.June 28
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Automatic 401(k) enrollment and financial education are just some of the offerings that can make a big difference with employees.March 15
Senior vice presidentADP
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After establishing an automatic enrollment program, employers should implement new features to fine-tune employee retirement savings plans.February 27
Benefit consultantConrad Siegel Actuaries
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Participation has increased 19% in the past five years because of design features that make it simple and quick for employees to participate in workplace retirement plans.July 21
