Beshears, John; Blakstad, Matthew; Choi, James J.; … - National Bureau of Economic Research - 2024
Does automatic enrollment into retirement saving increase household debt? We study the randomized roll-out of automatic … enrollment pensions to ~160,000 employers in the United Kingdom with 2-29 employees. We find that the additional savings … enrollment, each additional month increases the average automatically enrolled employee's pension savings by £32-£38, unsecured …