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More than Half of Retirement Plan Participants in Favor of Automatic Annual Increase
OneAmerica Link to more items from this source
July 16, 2014

"Fifty-five percent of retirement plan participants who took a recent survey ... said they would favor automatic annual increases to their contributions.... Survey respondents ranked several financial priorities that compete with their retirement account contributions including: paying off debt (29 percent), day-to-day expenses (23 percent), taking care of family (11 percent) and saving for college (4 percent) among others." [Survey results also presented in an infographic.]

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