Automatic enrollment in retirement savings plans is a policy that utilizes default bias to increase participation rates, thereby enhancing financial security and reducing inequality in old age.

Authors

• Person: Not available Organization: Sparkl
  Revision Notes - The role of government in reducing inequality | IB DP

Sources

• Revision Notes - The role of government in reducing inequality | IB DP www.sparkl.me Sparkl via serper

Referenced by nodes (2)

• retirement savings concept
• financial security concept