Looking for ways to increase employee participation in your 403(b) program?

Automatic enrollment might be a good option for your district. A 2017 worker survey by the Pew Charitable Trusts shows that automatic enrollment can be a powerful tool for increasing retirement savings. Survey respondents repeatedly indicated that regardless of whether they have access to an employer-sponsored plan, their perceived motivators and barriers, or the plan sponsor, they would remain in a retirement plan or program and begin saving for their future if automatically enrolled.

Many workers are looking for an easier way to get started in their workplace retirement plans. If you would like to find out if 403(b) automatic enrollment is an option for your plan, contact a Plan Administration Consultant at 1-800-279-4030, Option 3.

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