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Despite stubborn inflation, retirement plan participant outcomes thrived in 2023, bolstered by strong growth in employee contributions and adoption of automatic enrollment, according to Vanguard’s 23rd edition “How America Saves” report on the retirement savings behaviors of nearly five million American workers.

How America Saves 2024,” Vanguard’s 23rd edition of the annual report, details key trends surrounding retirement saving and how plan sponsors can respond to them and continue to optimize plan design to best serve plan participants.

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Lynn Cavanaugh

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