Abandoned 401(k) Accounts Double in Past Decade
‘Forgotten’ 401(k) accounts now total $2.13 trillion, showing an increase of nearly 30% since mid-2023, according to Capitalize.
Data & Research
Lack of Benefits Weighs on Savings-Strapped Employees
Nearly one-quarter of surveyed workers considered quitting due to inadequate benefits, according to a survey by Bank of America.
Drawing Lessons from Gen X’s Financial Missteps
Three separate studies highlight how a majority of Generation X respondents feel they fell short of their retirement goals.
BLS Tracks Small Changes in Retirement Benefits Access
Last year, retirement benefits remained available to the same overall proportion of private industry and state and local government workers,...
Retirement Delays Undercut Optimism About Readiness
Delayed retirements could harm employees and employers alike, according to a new Nationwide report.
More Than Half of Advisers Already Use AI, per Betterment
The firm’s second adviser survey identified how younger advisers—Millennials and those in Gen Z—use artificial intelligence differently than older colleagues.
DC Consultants, Advisers Weigh Capital Preservation Options
Unusual interest rate conditions mean money market fund yields—based on short-term investments and debt—are outpacing stable value crediting rates.
Popular AI Chatbots Struggle With Estate Planning, but Pass CFA Exams
In separate studies, artificial intelligence chatbots gave misleading answers about estate planning and aced an overall exam for certified financial...
HSA Contributions, Balances Up for Third Consecutive Year
While employee contributions to health savings accounts kept increasing last year, few used them as retirement savings vehicles.
Middle-Market Americans Remain Hopeful Despite Growing Financial Strain
Rising costs and mounting debt are testing confidence—especially among women, Gen X and younger adults—even as most still believe in...
US Retirement Assets Rise to $45.8T in Q2
Retirement assets now account for 34% of all household financial assets in the country, according to the Investment Company Institute.
Breaking Down Misconceptions About Private Markets in DC Plans
A new white paper from Cerulli Associates and the Defined Contribution Alternatives Association addresses common concerns about the use of...
How High-Net-Worth Investors Prepare for the Future
Janus Henderson’s latest investor survey reveals a mix of anxiety, inaction and opportunity among affluent pre-retirees.
High-Earning Women Have Lower Satisfaction with Work Benefits
As women earn more, they also feel their career and family-size options shrink, according to a new study from The...
Job Turnovers Not Driven by Generational Differences
Millennials and Generation Z stay at their jobs at about the same amount of time that previous generations did at...
August: Fifth Straight Month for Corporate Pension Gains
The funded status of defined benefit pension plans rose by $8 billion in August, or double the previous month's gains,...
Hourly Workers Lag Behind Salaried Employees in Achieving Retirement Goals
The disparity comes from a lack of access to plans, guidance and education, according to Escalent’s Cogent Syndicated.
92% of Plan Sponsors Work with Advisers, Per Fidelity
Retirement plan sponsors’ satisfaction with plan advisers is strongly linked to participants’ retirement readiness, according to the latest Fidelity Plan...
Gen Z, Millennial Women Face Confidence Gap in Financial Conversations
A new study from the Principal Foundation found that young women feel more anxious and less confident than men discussing...
Student Loan Woes Highlight Need for Personalized Financial Planning
When anxiety created by student debt impacts long-term goals like retirement and savings, advisers can be crucial guides to a...