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401(k)s Stall, Post-Auto Enrollment
Center for Retirement Research [CRR] at Boston College
June 25, 2013 "Immediately after the PPA provision became effective in December 2007, employee participation in 401(k)s increased. But since that initial bump, it's been virtually flat for years ... In 2008, participation increased to 73 percent of all employees in workplaces that offered 401(k)s, up from 68 percent in 2007 ... Fast forward to 2011: participation was 74 percent. It has barely budged." MORE >> |
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