AARP study: Americans are 20 times more likely to save for retirement if do so if contributions are taken from a paycheck automatic. Auto enrollment in 401(k) plans was a key accomplishment of John Goodman, Pete DuPont and Peter Orszag.
Congress has designated $12 trillion in spending for emergencies over the past 30 years.
Fewer opioid prescriptions follow surgery and the doses are smaller.
“about 15 times more likely to save for retirement when they have a workplace plan and 20 times more likely to do so if contributions are automatic.”
Im sure that’s true and it’s not surprising. Federal law passed in 1943 required payroll tax withholding (“automatic”).