According to Bloomberg, “the hottest trend in 401(k) plans is making investing easier for employees. More plans automatically enroll workers in target-date funds or other professionally managed, diversified options. Plans may also automatically increase contribution rates each year. Employees can opt out, but few do.”

via They Just Re-Invested Your 401k for You — for Your Own Damn Good – Bloomberg.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.