The New Trend In Automated Savings: Auto-Escalation
August 18, 2014 at 03:15 AM EDT
When signing up for benefits this year, you may notice something different when it comes to your 401k contribution – opt-out auto-escalation. Confused? It’s the idea that employees need to decide NOT to join the 401k and NOT to increase contributions each year, rather than opt in. When enrolling in your benefits, you’ll notice something similar [...] The post The New Trend In Automated Savings: Auto-Escalation appeared first on The College Investor .