Auto-Solutions Can More Than Double Retirement SavingsWhile some in the retirement industry say that auto-features are too expensive for many plan sponsors to consider, especially in a tough job market, New York Life has found a great reception for auto-solutions among its plan sponsor clients. Seventy percent of New York Life RPS' clients auto-enroll and of that number, half auto-enroll into managed savings. This infographic shows the value of 401k plan auto-features. |
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