October 16, 2015
NOR WILL WE NOTICE THE UNIVERSAL HSA SET ASIDES:
Companies to Workers: Start Saving More--Or We'll Do It for You : Firms are boosting the automatic retirement-savings rate--and finding little pushback from employees (KIRSTEN GRIND, Oct. 15, 2015, WSJ)
The problem is getting the money invested aggressively.More American companies are turning to a new way of convincing employees to save more for retirement: make them do it.Companies from Apache Corp. to Google Inc. to Credit Suisse Group AG have boosted the percentage of worker paychecks automatically diverted to 401(k) plans well above the long-held standard of 3%.Some are setting aside as much as 10% of their workers' money or automatically increasing the amounts by 1% a year unless employees opt out.
Posted by Orrin Judd at October 16, 2015 3:16 PM
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