There's a war going on over government and industry's efforts to get you to save for retirement. If you haven't been doing your part by stashing money in a 401(k) plan, you just might get drafted. That's right. A growing number of companies have begun enrolling workers in 401(k)s whether they like it or not. This isn't your dad's war. Draftees may--with written notice--opt out. But few do. The result is that plans with an automatic-enrollment feature boast enviable participation rates.
Nationally, 80% of those who qualify take part in a 401(k) plan. But a recent Hewitt Associates study found...