Wells Fargo Finds Diversification Has Improved in DC Plans
Younger and less tenured employees are more likely to satisfy the minimum diversification goal.
Research shows financial wellness and retirement education can be beneficial even for employees who are already ostensibly knowledgeable about finances.
According to ICI research, the vast majority of those who started the year with a DC plan account continued contributing to their plans throughout the year.
It’s a grim but unsurprising truth, and one plan sponsors should contemplate: the less assets an individual has saved for retirement, the likelier they are to plan to...