Knowledge Gap on Income Needs Denotes Deeper Problems
Across generations, U.S. workers still struggle to set and follow retirement income plans, a LIMRA Secure Retirement Institute study shows.
Participants
Gen Y Money Woes Persist Despite Growth
U.S. workers, especially Generation Y, face persistent financial worry despite improvements in the economy.
ACA Could Crimp Competitive Benefit Offerings
Health benefits may no longer be as big a draw for new employees, with the ACA in play.
Most Americans Unaware of IRS Deferral Limits
A recent survey from Fifth Third Bank finds a vast majority of Americans cannot identify the Internal Revenue Service’s limits placed on annual tax-advantaged retirement plan deferrals.
Employee Financial Stress Levels Creep Higher
Sixty percent of employees are significantly burdened by financial woes, a survey finds.
Millennials Are Saving, But Not Enough
More than half of Millennials (63%) started saving for retirement before age 25, but less than one-third are saving enough, according to a survey.
DC Participant Trading Light in February
Participants in defined contribution plans did little to rebalance their portfolios in February.
Participants Appreciate Guidance About Retirement Plan Investing
Nearly one-third of investors surveyed said they most need advice about which retirement plan funds to invest in.
Each Generation Has Financial Weaknesses to Address
Holistic financial education can help different generations in the workforce address their unique vulnerabilities that can derail plans for retirement.
Plan Design Is One Way to Stanch Outflows
Retirement readiness is the loser when participants take distributions before retirement, says BMO Retirement Services in a white paper.
Participants May Be Overlooking Appropriate Investment Options
Nearly four out of 10 retirement plan participants are not familiar with all the investment options in their plan.
Five Behaviors That Sabotage Retirement Savings
Years of education, communication strategies and support haven’t done as much to move the needle on retirement plan participant retirement readiness as plan sponsors and advisers hope to...
Helping Participants Save More, Invest Better
Saving enough and investing appropriately are key to improving outcomes for retirement plan participants.
Participants Don’t Realize Benefit of Small Savings Boost
If only retirement plan participants knew how a small change in retirement savings could add up, they would be more willing to make the change.
Disruptions Take $2.5T Retirement Bite
Two-thirds of Americans surveyed have seen their long-term life and retirement plans disrupted at some point, TD Ameritrade says in a new report.
Women and Money: Solid Skills, Need Confidence
Women are pretty competent at managing their finances and saving for retirement, but when it comes to judging their own performance, confidence takes a nosedive.
DC Plan Trading Activity Picked Up in January
A volatile start to the year on Wall Street fueled higher-than-usual trading activity among defined contribution plan participants in January, according to Aon Hewitt.
Most DC Plan Participants Leave Balances Untouched in 2014
Fewer participants changed their defined contribution plan asset allocations in 2014 than in 2013.
DC Contribution Rates On the Rise
Participants are increasing their defined contribution plan salary deferral rates faster than ever before, according to a study by Market Strategies International.