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Auto-enrollment into DC plans boosts participation across all racial groups

Automatic employee enrollment into a company 401(k) plan raises participation for all racial and ethnic groups, according to a new study by Vanguard.

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Automatic employee enrollment into a company 401(k) plan raises participation for all racial and ethnic groups, according to a new study by Vanguard. The increase is particularly notable for blacks and Hispanics, especially those who earn low wages, the report said.

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