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Four Proven Strategies to Reduce Choice Overload in 401(k) Plans
Fiduciary News; free registration required Link to more items from this source
June 4, 2013
"[W]hen placed in a situation featuring a choice overload, 401k plan participants are more likely to: (1) Procrastinate, to put off making a decision, even when it goes against their own self-interest; (2) Make worse decisions, the kind that sacrifice quality and may even hurt them; and (3) Choose things that make them less satisfied, even when those choices do objectively better."

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