Employers are increasingly adding automatic features such as auto-enrollment to defined contribution retirement plans. (Photo: Shutterstock)

Increasing fears that Americans won’t be able to afford to retire are prompting employers to enhance their defined contribution plans, with automatic features among those being added.

A Willis Towers Watson survey finds that increasingly plan sponsors are adding enhancements to their retirement plans, including automatic features.



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.