Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

How does an employer's presentation of retirement savings options affect employees?

A. By automatically enrolling employees to tap into their default bias
B. By assigning employees to different saving courses in the retirement plan
C. By offering various saving courses in the retirement plan
D. By making the plan more complex to get employees more involved

Sagot :

GinnyAnswer

Final answer:

Employers can boost retirement savings participation by automatically enrolling employees in default plans to counteract status quo bias.


Explanation:

Employers can influence employees' retirement savings decisions by automatically enrolling them in default plans, leveraging their status quo bias. This strategy helps increase the participation rates in retirement savings programs by streamlining the enrollment process and countering individuals' tendency to stick with the default option.


Learn more about Retirement savings participation here:

https://brainly.com/question/37789428


Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.