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Your employer is putting more of your money in a 401(k) — that’s a good thing

Alessandra Malito
Your employer is putting more of your money in a 401(k) — that’s a good thing

Want to solve the retirement crisis? More employers are automatically enrolling their employees in retirement accounts, and they’re contributing a higher percentage of their employees’ salaries to do so. About 35% of employers are enrolling new workers in 401(k) plans, according to 2019 fourth quarter data from Fidelity Investments, which analyzes its customers’ investing and saving trends.