Existing research has documented the large impact that automatic enrollment has on savings plan participation. All the companies examined in these studies, however, have combined automatic enrollment with an employer match. This raises a question about how effective automatic enrollment would be without a direct financial inducement not to opt out of participation. This paper's results suggest that the match has only a modest impact on opt-out rates. We estimate that moving from a typical matching structure - a match of 50% up to 6% of pay contributed - to no match would reduce participation under automatic enrollment at six months after plan eligibility by 5 to 11 percentage points. Our analysis includes a firm that switched from a match t...
The complexity of the retirement savings decision may overwhelm employees, encouraging procrastinati...
Oregon recently launched an automatic-enrollment retirement savings program for private sector worke...
We develop a comprehensive model of 401(k) pension design that reflects the complex tax, savings, li...
Summarizes research on how automatically enrolling employees in 401(k) plans in order to raise parti...
Companies have used a variety of approaches to encourage participation in employer- sponsored saving...
Automatic enrollment in employer retirement savings plans has received considerable attention recent...
Many employers match employee contributions to 401(k) plans. However, the employer cost of continuin...
This study uses plan-level annual data from Form 5500s to analyze the effects of automatic enrollmen...
This paper uses data from the April 1993 Pension Supplements to the Current Population Survey to inv...
Previous research has shown that 401(k) participation increases dramati-cally when companies switch ...
The daunting complexity of important financial decisions can lead to procrastination. We evaluate a ...
Twenty-one percent of workers covered by 401(k) retirement plans choose not to participate (Center f...
We assess the impact on savings behavior of several different 401(k) plan features, including automa...
Stories of America’s retirement savings crisis pepper the news. According to a report released by th...
In this paper, we analyze the 401(k) savings behavior of employees in a large U.S. corporation befor...
The complexity of the retirement savings decision may overwhelm employees, encouraging procrastinati...
Oregon recently launched an automatic-enrollment retirement savings program for private sector worke...
We develop a comprehensive model of 401(k) pension design that reflects the complex tax, savings, li...
Summarizes research on how automatically enrolling employees in 401(k) plans in order to raise parti...
Companies have used a variety of approaches to encourage participation in employer- sponsored saving...
Automatic enrollment in employer retirement savings plans has received considerable attention recent...
Many employers match employee contributions to 401(k) plans. However, the employer cost of continuin...
This study uses plan-level annual data from Form 5500s to analyze the effects of automatic enrollmen...
This paper uses data from the April 1993 Pension Supplements to the Current Population Survey to inv...
Previous research has shown that 401(k) participation increases dramati-cally when companies switch ...
The daunting complexity of important financial decisions can lead to procrastination. We evaluate a ...
Twenty-one percent of workers covered by 401(k) retirement plans choose not to participate (Center f...
We assess the impact on savings behavior of several different 401(k) plan features, including automa...
Stories of America’s retirement savings crisis pepper the news. According to a report released by th...
In this paper, we analyze the 401(k) savings behavior of employees in a large U.S. corporation befor...
The complexity of the retirement savings decision may overwhelm employees, encouraging procrastinati...
Oregon recently launched an automatic-enrollment retirement savings program for private sector worke...
We develop a comprehensive model of 401(k) pension design that reflects the complex tax, savings, li...