NU Online News Service, Dec. 5, 1:33 p.m. – Employer matching contributions definitely increase Americans’ interest in contributing to employer-sponsored retirement savings programs, but access to financial advisors can help, too, according to results of a new survey conducted by an arm of Prudential Financial Inc., Newark, N.J.
Researchers interviewed 1,064 U.S. workers who were eligible for 401(k), 403(b) or 457 plans.
They found that 84% said a dollar-for-dollar employer matching contribution could encourage them to participate.