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Discover LudwigThe phrase "automatic contributions" is correct and usable in written English.
It can be used in contexts related to finance, savings, or retirement plans where funds are automatically deducted or transferred without manual intervention.
Example: "Many employers offer automatic contributions to retirement accounts, making it easier for employees to save for the future."
Alternatives: "automatic deposits" or "recurring contributions".
Exact(16)
Making regular, automatic contributions is simple investing, and it's a great way to automate good behavior.
Its approved programme budget for 2014-15, as of April, was $3.98bn, of which only 23% was automatic contributions from member states.
Set up automatic contributions.
Set up automatic contributions from your primary checking account to your emergency fund after each payday.
The best way to mindlessly save is to make automatic contributions to 401 k)s, emergency funds, and IRAs.
For a 0.5% of assets annual fee (twice what Betterment typically charges), clients get personalized portfolios of ETFs, with automatic contributions, rebalancing and asset allocation based on goals.
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Secondly, automatic contribution escalations allow employees to automatically increase their savings rate while making it a gradual process.
Also in the fall, T. Rowe Price will begin its version of automatic contribution increases.
Some employers will also pair this concept with annual automatic contribution increases.
I took his advice and set up an automatic contribution of just $25 per month.
Will you take advantage of automatic contribution rate escalator features in your 401 k)?
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