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Default Investment Acceptance among Public Defined Contribution Plan Participants (PDF)
MissionSquare Research Institute
Feb. 19, 2025 12 pages. " ... Default investment acceptance declines with age and income levels and appears to be higher for female participants, holding other demographic factors constant.... There was notable variation in default acceptance in the year 2020 (i.e., a period of heightened market volatility) among older DC participants.... Default investment acceptance is higher for public DC participants than 401(k) participants when controlling for age and income." MORE >> |
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