Thursday, July 07, 2011

401(k) Law Undercuts Savings for Retirement - WSJ.com

401(k) Law Undercuts Savings for Retirement - WSJ.com
"The problem: More than two-thirds of companies set contribution rates at 3% of salary or less, unless an employee chooses otherwise.
That's far below the 5% to 10% rates participants typically elect when left to their own devices, the researchers said"

Very interesting.

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