Breakdown: Automatic pilot
Among the touted benefits of auto-enrollment features in a capital accumulation plan (CAP) is the assumption—and hope (fingers crossed)—that plan members who contribute to their plans sooner will invest over longer periods and reap the benefits from tax-free compounding of investment returns on their contributions. But while there’s no definitive way to gauge whether auto-enrollment […]
- August 1, 2013 September 13, 2019
- 07:00