“He said automatic enrollment into retirement savings plans works because of the power of inertia and defaults; kids should be auto-enrolled.”
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Said on Bloomberg Money
Bloomberg Intelligence · Supply Shocks Hit Your Wallet, Investor & Consumer Sentiments Diverge, Expensive Suburbs
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advocated automatic enrollment of employees into their company's 401(k) plan as the default
“He said automatic enrollment into retirement savings plans works because of the power of inertia and defaults; kids should be auto-enrolled.”
“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…”
“When you enroll for 2027 with me, we will go through the full enrollment process, which includes the benefits that you have selected, reviewing the benefits summary, reviewing your prescription drugs on the drug formulary, making sure you know what the star rating is for your 2027 plan.”
“Vici has launched in 60 stores at Dillard's nationwide as well as on their website. Then we just confirmed our plans for 2027 to be in 100 stores.”
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