Saving for retirement: Getting help from the boss
If there is a silver lining to the financial crisis, it may be that Americans are finally waking up to the notion that they need to save more for retirement.
A new survey of employer-provided retirement plan participants found that 75% of respondents say they would be willing to be automatically enrolled into a six-month trial program that would direct 10% of their gross salary to retirement savings. That's a far cry from the initial 3% deferral rate typ
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