Economy can't sink 401(k) participation rates

06/11/2009 | CFO.com

Even though many employers are cutting their contributions to 401(k) programs, workers aren't dropping out, according to a new analysis by Charles Schwab. The study found that plan participation is actually increasing, though workers are still reluctant to tweak how they're investing their funds. Sarah Johnson writes that the trend can be attributed to "an increase of automatic enrollments, workers' uncertainty about other savings options, or just plain laziness."

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