In this episode, Plan Sponsor Consultants discuss the behavioral finance principle of Inertia and some automatic solutions that plan sponsors can consider adopting to aid in addressing this obstacle. Overcoming…
Many American workers struggled financially before the COVID-19 pandemic. Therefore, it isn’t surprising that this crisis could greatly hinder their ability to reach their retirement income goals. Indeed, more than…
The use of auto features in 401(k) plans has continued to climb in popularity over the past decade. In fact, auto features such as automatic enrollment and auto escalation are…
