Automatic Enrollment, Tax Fears, and the 401(k) Surge
This Week in Business
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The Shifting Landscape of Retirement Savings and Generational Saving Trends
This chapter explores the growing popularity of 401(k) plans among companies as a solution to the financial struggles of younger generations facing Social Security issues. It also examines the implications of automatic enrollment and higher saving rates on consumer debt and highlights the generational shifts in saving behaviors.
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