Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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


We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.