Writing for U.S. News, Emily Brandon, consulted with several wealth management professionals including Elyse Foster, CFP® of Harbor Wealth Management of Boulder, CO regarding 401(k) Plan automatic enrollment settings.
Automatic enrollment tends to lead to low savings rates and one-size-fits-all investments.
See the full article here: “Why You Shouldn’t Stick With Your 401(k) Plan’s Default Settings”
Posted in Investments, Press