Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Retirement Investing

Think Tank Publishes Retirement Plan Briefing

Your article was successfully shared with the contacts you provided.

Massachusetts Mutual Life Insurance Company’s Center for Behavioral Research has issued a white paper on use of automatic enrollment, deferral increase and asset-allocation features in 401(k) plans.

The briefing paper includes an analysis of findings from a survey of 400 plans with automatic features, according to MassMutual, Springfield, Mass.

The authors note that plans with default income deferral rates higher than 3% reported an average participation rate of 84%, while plans with lower deferral rates report an average participation rate of just 72%.

The briefing paper is available Document Link


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.