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E.g., 12/04/2021
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  | Thought-leadership

Saved by design

Can small digital design enhancements improve retirement outcomes?
Employer-sponsored retirement plans have evolved. They’re no longer just a way to save money until an employee hits a fixed retirement date. Today, plans are part of a holistic financial wellness strategy that helps employees find a healthy balance between living well today while preparing for a more financially secure life after work.
Retirement plan design is a critical factor in helping to improve the retirement readiness of employees. Features like auto enrollment and auto escalation, which automatically enroll new hires into their retirement savings program and annually increases participants’ contributions, can significantly help improve participation and savings rates.

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