More employers are putting their workers’ retirement savings on autopilot, automatically enrolling new hires into their 401(k) plans, CNBC reports. According to trade group Plan Sponsor Council of America, about 62% of companies with a 401(k) plan used automatic enrollment in 2020, up from 60% in 2019 and 46% a decade ago. The practice leverages
More companies automatically enrolling employees in 401(k) plans
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