December 22, 2024

401(k) auto-enrollment and auto-escalation were supposed to help people save for retirement. Here’s what happened instead.

 401(k) auto-enrollment and auto-escalation were supposed to help people save for retirement. Here’s what happened instead.

401(k) auto-enrollment and auto-escalation were supposed to help people save for retirement. Here’s what happened instead.

Behavioral finance ‘nudges’ and other helpful features ran into a surprising obstacle