Personal Finance Advice and Commentary

Friday, July 08, 2011 3:31 pm
By Barbara Whelehan · Bankrate.com

Automatic enrollment of workers in 401(k) plans may be backfiring, according to an article in yesterday’s Wall Street Journal. Citing an analysis performed by the Employee Benefit Research Institute, the Journal found that 40 percent of new employees are contributing less to their plans than they otherwise would if they had signed up on their

Friday, January 28, 2011 2:58 pm
By Barbara Whelehan · Bankrate.com

Are you confident you’ll have enough money to get you through retirement? Chances are your employer doesn’t think so. Just three in 10 companies are confident that their workers are sufficiently prepared for retirement, according to a new survey by Aon Hewitt of 210 mid-to-large U.S. companies representing 6.2 million workers. Companies have been revving