Participants were “less reactionary” in their trading activity and, though they moved to fixed income for most of the year, contributions and returns increased equity holdings.
October saw gains broadly for capital market indices, but for 401(k) plan participant transfers, 21 out of 23 days saw net trading move from equity to fixed income.
According to John Hancock’s research, debt is one of the most significant indicators for financial stress, and most people are dealing with some kind of debt.
The third quarter marked the seventh consecutive quarter that 401(k) participants have moved their money from equities into fixed income, according to Alight.
Not all “retirees” want to stay home and kick their feet up—some are continuing work or starting new ventures. Does this mean employers must change their retirement planning...
Data about retirement plan participant loans and hardship withdrawals supports the need for better financial wellness programs, especially for Millennials and Gen Xers.
Reports of overall retirement plan participation can misrepresent the retirement preparedness of American workers, according to ICI, because data shows more employees participate as they earn more and...
Following rule changes plan sponsors still have discretion over limiting the amount of hardship withdrawals and participants can continue to save, and Fidelity recommends helping participants establish emergency...
Defined contribution plan participants are unlikely to feel confidence about retiring when they receive no retirement income projections and no help defining discretionary versus required expenses.
Despite market volatility, few participants in defined contribution (DC) plans served by Vanguard made one or more portfolio trades during the year, and 96% of all assets available...
Originally conceived as a supplementary savings vehicle to complement pensions, 401(k) plans now form the core of many American’s hopes and expectations for the long-term financial future.
As developed countries around the world, including the U.S., see the average age of their population increase, employers must prepare for an imbalanced workforce.
A report from NARPP shows participant engagement with retirement plan providers is declining and reveals what participants say could improve their trust in providers.