How 401k Auto Enrollment Is Causing Workers Not to Save for Retirement

Recent data shows some surprising confusion about 401(k)s and the new automatic enrollment feature.
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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

[@RobertDamanii]

How do I get enrolled on a company 401(k) plan?

[@JasonAmir-qo4uo]

I’ve never thought on signing up for 401k just looking for a good possible way of making future investments

[@RubenDominguez-ei3fd]

I’m thinking 401k is a 50/50 strategy. Most people thinks it’s free money

[@RoseBalerus]

I think stocks, ETFs and cryptocurrencies are possible strategies of gaining financial incomes regardless of its difficulties

[@JasonAmir-qo4uo]

I’ve hired a CFA to update me on possible stock exchanges and investment ideas

[@JasonAmir-qo4uo]

He is NELSON MAYNARD FISHER

[@lauriegrissom672]

How do people not take a look at their statements monthly or at least quarterly?? My company matches up to 5%. I contribute 12% currently.

[@edhcb9359]

I look at mine annually. My company matches 12%.