BackgroundBioHow America SavesHow America Saves 2023“401(k) Auto Enrollment,” by Kat Tretina, forbes.com, Dec. 30, 2022. Dickson: “How America Saves” is really Vanguard’s flagship document and research around trends and current conditions in the retirement plan space and specifically the workplace retirement plan system and area. Dickson: Yeah, this is mostly a good news story and, in some ways, actually even somewhat surprising in some respects, which is that the typical retirement plan and retirement plan participant is extraordinarily resilient over the COVID period. Dickson: I’ll just highlight again to emphasize the point about retirement plan participation rate. Employees may feel that automatically enrolling employees into a retirement plan is an overreach of their employer responsibilities or approach.

Source: Forbes July 25, 2023 20:19 UTC