全球智库信息集成服务系统(G2TT): Can Simple Informational Nudges Increase Employee Participation in a 401(k) Plan?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w19591
来源ID	Working Paper 19591
	Can Simple Informational Nudges Increase Employee Participation in a 401(k) Plan?
	Robert L. Clark; Jennifer A. Maki; Melinda Sandler Morrill
发表日期	2013-10-31
出版年	2013
语种	英语
摘要	We report results from a field experiment in which a randomized subset of newly hired workers at a large financial institution received a flyer containing information about the employer's 401(k) plan and the value of contributions compounding over a career. Younger workers who received the flyer were significantly more likely to begin contributing to the plan relative to their peers in the control group. Many workers do not participate in their employers' supplemental retirement savings programs, even though these programs offer substantial tax advantages and immediate returns due to matching contributions. From a survey of new hires we find that many workers choose not to contribute to the plan because they have other financial priorities. However, some non-participants lack the financial literacy to appreciate the benefit. These findings indicate that simple informational interventions can nudge workers to participate in retirement saving plans and enhance individual well-being and retirement income security.
主题	Labor Economics ; Labor Supply and Demand ; Labor Compensation
URL	https://www.nber.org/papers/w19591
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/577266
推荐引用方式 GB/T 7714	Robert L. Clark,Jennifer A. Maki,Melinda Sandler Morrill. Can Simple Informational Nudges Increase Employee Participation in a 401(k) Plan?. 2013.