What Do an Underfunded 401(k) and a Dialysis Patient Have in Common?
Both of them would be better off if the default option were switched to opt-out as opposed to opt-in. This is hardly surprising but, sadly, it is still news. Let me explain. One of the reasons that some people don’t contribute to their 401(k) plans is because they usually have to “opt in” to the plan — i.e., actively choose . . .