In Practice
Ohio 529 Plans: Both the Best and the Worst
The state of Ohio’s two 529 college savings plans earned spots at both ends of the spectrum in a new Morningstar national ranking of 529 programs.
Many Employees Guess How Much They Need to Retire
Almost one-fifth of workers ask a financial adviser how much they need to accumulate to retire, according to the Employee Benefit Research Institute’s (EBRI) latest Retirement Confidence Survey.
If You Can Buy Happiness…
Financial advisers in the Midwest might have “happier″ clients.
Most Companies Use Employee Meetings to Communicate Benefits
There was widespread adoption of similar employee benefits communications techniques among employers responding to a recent survey.
Retirement Still a Concern, but Everyday Expenses Take Priority
Day-to-day expenses might be top-of-mind for Americans, but they are still concerned about having a secure retirement, according to a recent survey from AXA Equitable Life Insurance Company.
Small-Business Employers Still Onboard with 401(k)s
Despite generally acknowledging the importance of retirement plans, almost 40% of responding small-business employers do not offer one, according to a survey by SunTrust Bank.
Most Americans Have Less Than $25k Saved for Retirement
Many Americans have little money put away in savings and investments, according to the 2009 Retirement Confidence Survey (RCS).
Small Biz Worried About Retirement, Committed to Health Care
Apparently workers aren’t the only ones worried about retirement.
Wealthy Americans Look to Preserve Capital
A study of affluent Americans found their primary investment objective is preservation of capital.
Markets Maul Retirement Confidence
About a fourth of workers losing confidence in their ability to retire have turned to a financial professional to help them, according to a new EBRI study.
Workers Shaken, but Remain Committed to Retirement Savings
Despite experiencing declines in both account balances and confidence, workers are still committed to saving for retirement, according to a new report.
Benefits in 'Crisis,' but Employers Staying the Course
Despite the tumultuous environment, most plan sponsors seem to be committed to staying the course, at least for now.
Americans Cutting Back, Into Savings
A new survey suggests that Americans are not only cutting back on savings, a growing number are dipping into those accounts.
Cutting the Match Could Save Large Employers Millions
A Hewitt Associates study found plan sponsors could save as much as $25 million by cutting the 401(k) match, but it could also hurt participants' savings.
Younger Participants Increase Saving Despite Economic Pressure
Data from MassMutual's Retirement Services Division suggests that, although economic pressure continues to affect overall participant balances and savings activity, younger retirement plan participants (under age 30) are...
Most Still Prefer Capitalism, but …
According to a new survey, more than half of Americans think capitalism is better than socialism.
College Business Grads Average Start: $47k
Although most starting salary offers to the college Class of 2009 have decreased slightly from those offers extended to the Class of 2008, business disciplines have seen increases...
Most Financial Firms Don’t Mention Crisis
The majority of financial services companies (66%) don’t mention the financial crisis on their corporate Web site home pages.
Love Lives not Immune to Recession
401(k) balances aren't the only things that are down.