In a typical 401k plan, when you first become eligible you get a big pile of forms and you're told, fill out these forms if you want to join. Tell us how much amount you've saved and how you want… — Richard Thaler Copy Share Image
When I turn 55, I'm going to be on Medicare. I can call up and tell them I don't want to be on Medicare, but otherwise, I'll be on Medicare. So they use this kind of automatic enrollment. We give… — Bill Cassidy Copy Share Image