Automatic: Changing the Way America Saves

by William G. Gale, David C. John, J. Mark Iwry, et al.

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Automatic offers an innovative new way to think about how Americans can save for retirement.

Over the past quarter century, America's pension system has shifted away from defined benefit plans and toward defined contribution savings programs such as 401(k)s and IRAs. There is much to be done to improve the defined contribution system. Many workers fail to participate and those who do often contribute too little, invest the funds poorly,...

• Format: Paperback
• Language: English
• ISBN: 0815702787
• ISBN13: 9780815702788
• Release Date: August 2009
• Publisher: Brookings Institution Press
• Length: 280 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.8" x 6.1" x 9.1"