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Default options

Default options are popular in financial decision-making, but are they effective?

by David Brancaccio , Chris Farrell and Rose Conlon
Jan 11, 2022
From retirement savings to Social Security, the choices made for you are crucial and should be well designed.
A program's default option, in which participants are automatically enrolled, makes it easy to choose but isn't always the best choice.
Yuri Cortez/AFP/Getty Images
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