Dictionary page with word Automatic. Employers are increasingly adding automatic features such as auto-enrollment to defined contribution retirement plans. (Photo: Shutterstock)

Increasing fears that Americans won’t be able to afford to retire are prompting employers to enhance their defined contribution plans, with automatic features among those being added.

A Willis Towers Watson survey finds that increasingly  plan sponsors are adding enhancements to their retirement plans, including automatic features.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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