“We finally have a database where we can look at the impact of plan design on employee behavior ... never had that ability in my life”
The Long View · Spencer Look and Jack VanDerhei: The Assumptions That Can Put Your Retirement at Risk
Play from 44:57
44:57
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What was described
combined the EBRI-ICI database with plan-design variables to analyze how match incentives, escalation, defaults, and managed accounts affect employee contributions
Said nearby on the same subject
“Automatic enrollment is great… if people don't have the high enough default deferral, if they don't have auto escalation, and if it's easy to pull out… tying together automatic enrollment, high default deferrals, locking up the money…”
“Branching allows you to make a snapshot of the real database, have all the changes that you make go to the snapshot and not affect the production database”
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Said on The MAD Podcast: How AI Gets Built - with Matt Turck