Data & Research

401(k)s Now Leading Retirement Savings Vehicle

A new study from the Investment Company Institute (ICI) shows that 401(k) plans, originally perceived as a supplement to worker pensions, now have more than twice as many participants as private-sector defined benefit plans.

Retirement Spending Patterns Vary

A recent study, "Spending and Investing in Retirement" by LIMRA and the Society of Actuaries offers insight into how people determine they are ready to retire and how they are faring in retirement.

Savings Shortfalls a Target of New Plan Designs

Most employers (80%) consider the company-sponsored defined contribution retirement plan to be the primary vehicle for their employees' retirement income, but almost half (43%) are concerned that their employees are not saving enough for retirement, according to Wells Fargo's 2006 Best Practices in Retirement Plans Survey.