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Your 401(k) Plan Has Auto-Enrollment, Now What?
Milliman
July 18, 2011 "Consider the basic fact that participation in a 401(k) plan is only one hurdle in making a retirement plan successful. Is a 3% contribution rate good? It may or may not be. In our recent informal online survey, the results indicated that the most popular rates, as shown in the pie chart below, tend to be those that are just enough to maximize the employer matching contribution[.]" MORE >> |
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