Automatic enrollment is often used to increase retirement savings. What are the effects of using it (or, alternatively …, requiring an active enrollment choice) to increase short-term savings? We evaluate two experiments in the U.K. at employers that … enable workers to set up payroll contributions to fund short-term savings accounts. In the first experiment (N = 7 …

increase retirement savings. However, gauging the relative efficacy of these approaches is challenging because the supporting … rates, active choice, and automatic enrollment) designed to increase retirement savings. Consistent with previous literature …, we find sizable effects of savings interventions on participation and cumulative contributions that increase with the …

Medium- and long-run dynamics undermine the effect of automatic enrollment and default savings-rate auto-escalation on … retirement savings. Our analysis of nine 401(k) plans incorporates the facts that employees frequently leave firms (often before …

savings are smaller than the short-run effects, with some savings financed via debt. I also review efforts to expand access to … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …

life expectancy related to observable factors such as income, gender, and health have large effects on savings, and that …