To automatically increase or not to automatically increase your 401(k) contribution rate

To automatically increase or not to automatically increase your 401(k) contribution rate

Over the past 30 years, there has been a significant revolution in the administration of 401(k) plans. Often referred to as auto-increase or auto-escalation, here’s how it works: if you’re automatically enrolled in a plan and don’t opt ​​out of the auto-increase feature, your rollover rate will increase over time, until the plan as much …

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