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What kind of retirement saver are you?

Alessandra Malito
What kind of retirement saver are you?

There are two types of retirement savers when it comes to an employer-sponsored retirement account: those who are active and others who are passive. Passive savers are more likely to rely on auto-enrollment, where their companies take the initiative to place them in a retirement account upon employment, according to new research recently distributed by the National Bureau of Economic Research and written by researchers, at Stanford, University of Minnesota, London School of Economics and Political Science and Claremont Graduate University. Active savers would more likely opt-in to their own employer-sponsored plan.