The Importance of Default Options for Retirement Saving Outcomes

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A Reduced-Form Approach to Behavioral Public Finance (2012, unknown): “E g A cc es s pr”
Reforming Pensions (2009, unknown): “The existence and design of the default option are important (for a fuller discussion, see Beshears et al., 2008). • In voluntary plans a further option is to allow people to commit now to (reversible) action in the future, thus making use of procrastination to assist policy. People are happy to pro”
Nudges for Privacy and Security (2017, background): “For instance, many employees believe that they should be saving more for retirement, yet many of them fail to enroll in 401(k) contribution plans [Beshears et al. 2009].”
Nudge Versus Boost: How Coherent are Policy and Theory? (2015, background): “Figure 1, for example, shows how changing the default from a 3 to a 6 % contribution to a pension fund (Beshears et al. 2009) affected participation rates in the respective programs.”