"Smaller than We Thought? The Effect of Automatic Savings Policies" - Dr. John Beshears
Household Finance Seminar Series - Nancy Nicholas Hall Room 1199 (Wisconsin Idea Room)
Event Details
Date
Monday, March 31, 2025
Time
1:15-2:15 p.m.
Location
1199 Nancy Nicholas Hall
Description
Medium- and long-run dynamics undermine the effect of automatic enrollment and default savings-rate auto-escalation on retirement savings. Our analysis of 401(k) plans incorporates the facts that employees frequently leave firms (often before matching contributions have fully vested), a large percentage of balances are withdrawn upon employment separation, and many employees opt out of default auto-escalation.
Cost
Free
Accessibility
We value inclusion and access for all participants and are pleased to provide reasonable accommodations for this event. Please call 262-661-6058 (voice and text) or email householdfinanceseminar@sohe.wisc.edu to make a disability-related accommodation request. Reasonable effort will be made to support your request.