Automatic payment enrollment could cost consumers more over time 00:39. PITTSBURGH (KDKA) - From rent to subscriptions, more companies are offering automatic payment enrollment, ...

For instance, auto-enrollment at a low rate of savings still may not result in a big enough nest egg for workers to retire comfortably. A 2013 report from the Center for Retirement Research at ...

Experts want the Government to consider changes to improve people's pensions ...

When you enroll in automatic payments, you allow a company to withdraw money from your bank or credit card to pay your bill. You can use autopay for all kinds of recurring expenses, such as: ...

“Each plan sponsor has independent reasons to auto-enroll or not,” adds Dennis Sain, senior vice president of Retirement Services at The Newport Group, who is based in Chicago. He gives the example of ...

If your employer's 401(k) plan has auto-enrollment, you'll automatically start making contributions to your account once you're eligible. Under a federal law enacted in 2022, most new 401(k) plans ...

The Effect of Automatic Savings Policies,” Choi and his colleagues studied nine 401(k) plans and found that auto enrollment and default auto-escalation are actually less effective in increasing ...

Firms that pay all of the single premiums (i.e., do not require employees to contribute) and offer auto-enrollment have a health insurance coverage take-up rate that is 5.4 percentage points ...

Proposed regulations would increase the rate at which federal employees automatically contribute to their Thrift Savings Plan accounts from 3% to 5% beginning in October.

Dorn, Capretta, and Chen proposed a special enrollment period around April 15 for individuals who were auto-enrolled at the start of the year. Individuals could then choose to remain in their auto ...

As part of that, the panel proposed auto-enrolling new service members into the TSP at 3 percent of their pay with a 1 percent government match, the way it works now for federal civilian employees.