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401(k) Savings Zoom When Employers Set Autopilot

August 23, 2011
Related Topics: Retirement/Pensions, Benefit Design and Communication, Top Stories - Frontpage, Retirement Planning, Featured Article
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Employees tend to take a laissez faire approach toward their 401(k) plans, letting them have a life of their own after the initial sign-up. Those who voluntarily enroll, on the other hand, tend to contribute at a significantly higher rate—an average of 7.8 percent monthly—research by Aon Hewitt shows.
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