If your employer’s 401(k) plan has auto-enrollment, you’ll automatically start making contributions to your account once you’re eligible. Under a federal law enacted in 2022, most new 401(k) plans ...

Saving for retirement may soon be mandatory with employers automatically enrolling new hires into plans when eligible. It’s all part of the SECURE 2.0 Act, signed into law by Congress in December 2022 ...

Employers are increasingly putting workers' 401(k) plan savings on autopilot. But the positive impact of automated retirement savings is more muted than initially thought, new research finds.

The 401(k) plan is a powerful tool for retirement savings in the U.S., offering tax benefits and long-term growth potential.

"We want to remove barriers for people to save for retirement, and automatic enrollment really addresses one of the problems that people face: They may be overwhelmed with the responsibility of saving ...

SAN FRANCISCO (CBS.MW) -- Automatic enrollment in 401(k) plans is working against some employees' asset growth and spoiling their retirement income, according to a new study. Workers are often lulled ...

Behavioral finance 'nudges' and other helpful features ran into a surprising obstacle We may be our own worst enemy when it comes to retirement savings. Innovations such as auto-enrollment, when an ...

President Barack Obama has been talking about automatic enrollment for 401(k) plans for years as a "common-sense, practical solution" to increase savings. Let's say you've just been hired at the ...

Employers are increasingly putting workers' 401(k) plan savings on autopilot. Stream San Diego News for free, 24/7, wherever you are with NBC 7. But the positive impact of automated retirement savings ...

401(k) retirement plans, which have become almost an expectation for job seekers in a competitive post-pandemic labor market. But offering 401(k) plans and having employees adopt them are entirely ...

401(k) plan policies like auto-enrollment and auto-escalation have become popular. They aim to boost workers' retirement savings. Pioneering researchers found that the policies may be less effective ...