“Will retirement saving soon go from opt-in to opt-out?  A recent post from ex-Boston Globe reporter Kim Blanton on the Center for Retirement Research’s Squared Away blog noted that seven years after Congress encouraged employers to automatically enroll their workers in the company 401(k), ‘the retirement fix has run out of steam.’ Alicia Munnell (left) was happy to answer in a piece for MarketWatch on Wednesday. In order to make 401(k)s work better, the PPA should be changed to require all 401(k) plans to adopt annual auto-enrollment for their entire work force, Munnell, the center’s director, argued.”

http://www.thinkadvisor.com/2013/07/04/alicia-munnell-make-401k-auto-enrollment-mandatory

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy