If 401(k)s and similar plans are the main way Americans invest for retirement, how can employers improve them? By making enrollment automatic, minimizing the use of the employer's stock, expanding the role of annuities and improving employees' financial knowledge, according to a set of recommendations issued by the Financial Economists Roundtable, a group of about 50 prominent economists, including several Wharton faculty members.
Retirement, Aging population, income, retirement planning, investment skills
Finance and Financial Management
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How Can Employers Improve Defined Contribution Plans?. (2006). Knowledge@SMU.
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