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