5/28/2014 – My, How Times Have Changed in the 401k World (Investing Daily)

In years past, employees had to “opt-in” to their employer’s 401k or 403b retirement plan. But in recent years, more and more companies have started automatically enrolling employees in their organization’s plan unless they specifically “opt-out.”

While the change has resulted in more workers saving for retirement – a good thing – leaving the amount and investment mix of your retirement savings up to your employer may not be a great idea.

Read the full article at Investing Daily.