Default 401(k) enrollment timing matters: if employees determine contributions monthly based on current finances, they will contribute less than if they commit annually at hire—yet most plans use monthly re-decision.
factualpending
Speaker
Dan ArielyEvidence Quote
“imagine I say why determine 401k contribution when you just join a company let's do it every month... if your first tough month you'll say ah now I gotta I gotta get out of this thing”
Source
The Many Ways Our Irrational Minds Sabotage Our Wealth | Dan Ariely, Behavioral Economist— WealthionCreated: 8/12/2026, 6:45:07 PM
My Notes
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