Auto Enrollment Has Solved Only Part of the Retirement Income Gap Issue | Millennium Trust Company

Auto Enrollment Has Solved Only Part of the Retirement Income Gap Issue

May 27, 2015
Ellen Chang, TheStreet.com

Despite the advent of automatic enrollment in 401(k) plans, Gen X-ers and Baby Boomers are still not saving enough money for retirement. Companies need to adopt more aggressive enrollment default rates or mandate automatic increases.

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