Data & Research

Health crises, job losses and other life transitions can reduce workers’ earnings and cause them to stop saving for retirement.

Most feel Social Security won't be there, and when asked what type of retirement savings they have, the most common response was none.

However, among those, the take-up rate was only 75%, according to the Bureau of Labor Statistics.

More than half (53%) said they are unsure where to go for financial advice, a MassMutual survey finds.

Smaller plans traditionally have lagged behind large plans when it comes to embracing best practices under ERISA, but survey data shows the picture is changing. 

Among those participating in a 401(k) plan, 70% or more say company matches would be very motivating to save more.

Plan sponsors' fear of plan lawsuits is highly correlated to willingness to discontinue a DC plan in favor of a state solution, LIMRA finds.

That is followed by living paycheck to paycheck and never being able to climb out of debt.

Nearly two-thirds, 63%, of those between the ages of 26 and 64 participated in their plan directly or through their spouse.

The majority of plan sponsors overseeing the investment menus in their 401(k) plans neither actively engage with nor actively seek information about investment managers on a regular basis;...

When DC plans were first launched, plan sponsors mostly viewed them as a tool to attract and retain employees.

Even though many small businesses lack retirement plans, a study by LPL Financial suggests minor tax adjustments could nudge them in the right direction.

Research from the NCEO finds ESOPs still hold a significant amount of retirement plan assets.

Only 18% of women passed a retirement income literacy quiz, compared to 35% of men.

Today, however, only 15% of workers between the ages of 61 to 66 are semi-retired.

However, health issues are their greatest retirement fears.

Two policy makers consider very different approaches to solve the 75-year deficit in Social Security benefits projected by the administration’s recent Trustee Report.

The U.S. fell three places to No. 17 in the Natixis Global Retirement Index, comprised of 43 nations.

Social Security may be enough to cover their retirement needs, while the accumulation of personal savings can jeopardize other key safety net benefits.

The researchers conclude that “including well-designed LIA defaults in DC plans yields quite positive consequences for …workers.”