Automatic enrollment beats company match, research shows

Butler, Kelley M.
September 2006
Employee Benefit News;Sep2006, Vol. 20 Issue 11, p45
The article reports on the advantages of automatic enrollment and other automated features on when it comes to encouraging employees into a retirement plan according to a report by TIAA-CREF. The percentage of eligible employees who did not participate in their retirement plan according to a Hewitt Associates report is revealed. Information is presented on the Schwab Retirement Smart Steps automatic retirement plan tool from Schwab Corporate & Retirement Services.


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