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Loan & Distribution Specialist AimPoint Pension
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Your Employer Is Tricking You Into Rescuing Your Retirement
Bloomberg Oct. 24, 2017
"Actually, it's more like a good deed, as more 401(k) plans make your inertia work for you instead of against you.... 68 percent of large U.S. companies now automatically enroll employees in 401(k) plans, up from 58 percent two years ago ... Three-quarters of those employers bump up worker savings rates automatically every year, and many continue until savings rates hit 10 percent and beyond -- or until, presumably, the employee screams. That may seem a little heavy-handed, but a retirement plan that's largely on autopilot can make inertia work for, rather than against, savers."
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