Automatic 401(k) enrollment plans less effective than opt-in

Automatic enrollment of employees into 401(k) plans don't, as it turns out, guarantee that they will contribute as much as they could.
A 401k fund

Number of people taking 401(k) loans hitting record high

The number of people that are taking personal loans out from their 401(k) accounts through employers are at a record high.
Jar full of coins

Senate wants 401(k) accounts off-limits as personal loan funds

The United States Senate proposing a bill to limit the use of 401(k) accounts as a source of personal loans when people fall short.
Piggy Bank