Increased Savings Rates and Auto Escalation Can Boost Retirement Income
Those who are contributing less than 3% to a retirement plan are on track to replace 59% of their income...
Tag: defined contribution (DC) plans
Employees Desire Retirement Education and Coaching
Nearly half would like a digital retirement coach, an Accenture survey found.
Consultants Support Retiree-Focused Investment Options
DC plan consultants surveyed by PIMCO offer suggestions for helping retirees with income, core investment menu design and other DC...
Opinions |
What Plan Sponsors Need to Know About DC Plan Cybersecurity
Retirement plan sponsors that take cybersecurity seriously are less likely to see their participants’ assets and personal information affected by...
ERISA Advisory Council Offers Recommendations for Simplifying Mandated Disclosures
For example, the Council proposes to develop an alternative means of compliance by which the introductory portion of the SPD–referred...
Study Shows Growth of DC Plans as Retirement Income Source
“Consequently, any policy that alters this system could have consequences–either positive or negative–for Americans’ ability to fund a comfortable retirement,”...
SURVEY SAYS: Socially Responsible Investments in DC Plans
The Department of Labor (DOL) has paved the ways for inclusion of environmental, social and governance (ESG)-screened investments to be...
Retirement Program Designs of the Future: Beyond Automatic Plan Features
As retirement plan sponsors focus on increasing retirement income replacement ratios for participants and new generations enter the workforce, they...
Women Need Help Improving Retirement Confidence
Fifty-five percent of women are afraid they will outlive their savings, according to the Transamerica Center for Retirement Studies.
Millennials Need Help to Save Adequately for Retirement
A report from the National Institute on Retirement Security shows that 66.2% of working Millennials have nothing saved for retirement.
Workers Say Benefits Give Them a Sense of Financial Security
However, this is not always the case for lower-income workers, MassMutual found in a survey.
Sponsors Making Great Strides on Their Retirement Plans
With concerns about retirement readiness growing, sponsors are turning to automatic features, increasing their contributions, streamlining their investment menus and...
2017 Was a Good Year for DC Plan Metrics
ICI recordkeeper data shows that in the first nine months of 2017, the amount of participants contributing or taking a...
Opinions |
To Prioritize Retirement Saving May Not Be Best for All Workers
Many may need to set up an emergency fund or pay off debt first.
Fidelity Finds Increase in Retirement Plan Millionaires
The number of 401(k) savers with at least $1 million in their 401(k) increased to 150,000 at the end of...
U.S. Retirement Market One of Two Dominated by DC Plans
Willis Towers Watson’s Thinking Ahead Institute’s 2018 Global Pension Assets Study also found the U.S. retirement market has a greater...
Concerns and Priorities Competing for Plan Sponsors’ Time and Effort
Having trouble managing concerns dictated by rules and regulations, while also addressing priorities for your retirement plan? That’s where providers...
Americans Confident DC Plans Can Help Them Meet Their Goals
They like the tax advantages, investment opportunities and investor control that 401(k)s and other DC plans offer them, ICI finds.
DOL Reports Robust ERISA Enforcement in 2017
The Employee Benefits Security Administration (EBSA) restored more than $1.1 billion to retirement plans, health plans and other welfare benefit...
Fidelity Sees Improvement of Retirement Readiness of Plan Participants
The firm's analysis found participants who also had HSA savings were more retirement ready than those who did not.