Study: Key features double retirement plan participants' savings rate

07/21/2013 | Financial Advisor · ThinkAdvisor

Retirement plans incorporating certain features can increase participation rates up to 70% and double the savings rate, according to new research. The study looked at design features and savings rates of more than 25,000 retirement plans. The study sponsor recommends that plans increase participation by incorporating automatic enrollment, automatic annual increases, online deferral changes and employer contributions or matches.

View Full Article in:

Financial Advisor · ThinkAdvisor

Published in Brief: