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- 401k
- 401k participation rate
- automatic enrollment
Ways to Increase 401(k) Plan Participation Rates
by Ryan W. Smith It is well known that Americans have long been behind the curve when it comes to retirement savings. However, in recent years a new trend is emerging, thanks in part to …
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- 401k
- 401k participation rate
- automatic enrollment
If 401(k) participation rates are up, then 401(k) contributions are also up, correct?
Data from Bank of America Merrill Lynch that the increase auto-enrollments into 401(k) plans has led to higher 401(k) participation, 85% of these auto enrollment plans also utilize an automatic increase in 401(k) contributions, usually …
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- 401k
- 401k participation rate
- automatic enrollment
401(k) participation rates are increasing. What are some of the catalysts of that increase?
A well-designed enrollment plan, including auto enrollment, has been shown to both participation rates and contribution rates. These plans work well, many believe, because it reduces the number of decisions an enrollee must make to …
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- 401k
- 401k participation rate
- automatic enrollment
Many Americans have fallen behind in saving for retirement. What is the current 401 (k) participation rate?
Enrollments and contributions to 401(k)s rising each year from 2012-2015, a renewed focus on increasing 401(k) enrollment in the financial advisory industry has mostly been a success. According to data from Bank of America Merrill …