Research from the National Bureau of Economic Research (NBER) indicates that automatic enrollment in 401(k) plans results in participation rates exceeding 90%, whereas opt-in systems result in lower participation rates.

Authors

• Person: Not available Organization: Verified Investing
  Behavioral Economics: Everyday Biases That Shape Money Choices

Sources

• Behavioral Economics: Everyday Biases That Shape Money Choices verifiedinvesting.com Verified Investing via serper

Referenced by nodes (1)

• 401(k) plans concept