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Increase Savings Rate and Investment Success by Holding Annual 401(k) Enrollment
Nevin Adams in planadviser; registration may be required
[Opinion] May 7, 2007 Excerpt: Vanguard published a study on Roth 401(k) enrollment this week -- and they found that the strongest correlating factor with participants choosing the Roth was being a new employee .... This single attribute increased the probability of adoption by 3.2 percentage points on top of the normal 5% adoption rate -- an increase of about 65%. MORE >> |
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