US - Workers covered by 401(k) plans with automatic enrolment and savings escalation would be on average 2.4-2.6 times better off than those with voluntary plans, analysis by the Employee Benefit Research Institute (EBRI) has suggested.
EBRI simulated the impact of switching from voluntary to automatic 401(k) enrolment with automatic saving escalation under a number of different scenarios and found the change had a definite positi...
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