Choosing Your Contribution Rate | WYPR

Choosing Your Contribution Rate

Jan 18, 2018

Let’s say that you work for a company offering automatic enrollment in their retirement plan. That’s a good thing. In such instances, the employer will typically enroll an employee in the plan once he or she meets eligibility requirements. At that point, a certain percentage of the paycheck, known as the contribution rate, will be directed into the investment fund the company has selected...