With the collapse of Enron, lawmakers, regulators, financial advisors and working people are taking a hard look at 401(k) plans, which employees in many U.S. companies use to save for retirement. In a recent study entitled “Defined Contribution Pensions: Plan Rules, Participant Choices, and the Path of Least Resistance,” Wharton finance professor Andrew Metrick and three co-authors analyze the impact of a plan’s design on the level of employee participation, the percentage of income employees contribute and the investment choices they make.
Like this content? Why not share it?
There Are No Comments
Click to Add the First »
Click to Add the First »