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Five Tips for Successful Default Contribution Rates in Automatic Retirement Savings Plans

by

Peter Chandler and Gary Mottola, Retirement Made Simpler

&

AARP Public Policy Institute

Published October 26, 2014

A state-sponsored retirement savings plan could help millions of private-sector workers who are not covered by an employer plan build financial security. Several features will help a plan become more effective and produce more secure retirements. This report offers tips for states to consider when evaluating default contribution rates.

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