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Using Defined Contribution Plans to Improve Retirement Readiness
Towers Watson
Nov. 19, 2014 Infographic. "[M]any employers are still concerned their employees will not be ready to retire as planned. Employers can optimize their programs' effectiveness by measuring, monitoring and implementing changes based on how well the plan features help employees reach savings goals.... Automatic enrollment in DC plans is commonplace, but companies are missing opportunities to increase its value by adding automatic deferral increases.... Improving communication and adding new approaches will be top priorities in the next two to three years." MORE >> |
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