Beyond the Basics – Employers Build on Impact of Automatic Savings Features

“New research from the Plan Sponsor Council of America (PSCA), part of the American Retirement Association, finds that more plans with automatic enrollment features are increasing the traditional defaults, helping lift savings to record levels.

“Automatic enrollment has been one of the key enhancements to plans that has led to higher participation rates over the past decade,” notes Research Director Hattie Greenan. “That’s the first step to building better retirement outcomes for employees.”" Continue reading.

Source: Plan Sponsor Council of America
3-minute read.