Tag: 401(k) plan

They can also prompt participants to make other important improvements to their savings strategies, Voya Financial learned.

The product expansion will keep the loan current for an additional three months to allow time for engagement, education and...

Only 33% of Americans are comfortable with their retirement readiness level.

But the reality is, only 33% of retirees have worked at any given time, according to EBRI.

One third thinks they are either better or worse off than they actually are, Prudential Financial learned in a survey.

Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans,...

Sixty-four percent of participants in their 20s own a TDF.

The right allocation could boost returns over a person's career by as much as 34%, the consulting firm says.

FactsOnRetirement.org also offers tips on saving and highlights ICI research.

The concept is being reintroduced through the American Savings Act

In conclusion, IZA says, “the data do not support the idea that presenting optional 401(k) plan information in a simpler,...

Yet, a significant number are not saving for retirement at all.

The solution offers participant features and additional customizable features typically enjoyed by larger corporations.

Ongoing education makes participants aware of the plan and underscores its value.

Vanguard says it periodically reviews its investment menu

Noting that the bank already made restitution to the participants under an IRS closing agreement, the 4th Circuit agreed with...

Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.

A mere 2.7% of Americans stopped contributing to their defined contribution plan in 2017, the ICI reports.

Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.