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The Pension Source
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BPAS
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EPIC RPS
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DWC ERISA Consultants LLC
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Merkley Retirement Consultants
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July Business Services
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Compensation Strategies Group, Ltd.
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BPAS
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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Defined Benefit Specialist II or III Nova 401(k) Associates
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Nova 401(k) Associates
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Free Newsletters
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The Power of Simplicity: Improving the Rate of Saving by Participants
Vanguard
June 27, 2017
"One way to combat decision fatigue is to take away the need for a decision in the first place. Make a choice 'automatic.' ... Retirement plan investors who received a personalized 'Save More' message with a one-click option to take action on their Vanguard account homepage were 139% more likely to increase their savings rate than those who didn't get the savings nudge. A different message, sent to participants who weren't saving enough to obtain their employer's full matching contributions, had an even stronger impact."
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