403(b) Plan Sponsors Have Distinct Arguments in Excessive Fee Suits |
Attorneys point out important distinctions between 403(b)s and 401(k)s, and lessons 403(b) plan sponsors can learn from a string of recent excessive-fee lawsuits.
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Demand for Advice Strong Across Demographic Groups |
Embracing a greater role in managing household finances and generating family income, Cerulli Associates research suggests women working in the U.S. are eager for financial advice.
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Deferral Rates and Matches on the Rise in 403(b) Plans |
Non-profit organizations and their employees are doing more to improve retirement readiness, the Plan Sponsor Council of America found in a survey. Participants are now saving an average of 6.2% of their salaries, up from 5.4% in 2011.
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Participants Active on Social Media and Mobile Apps |
Among retirement plan participants, 78% percent use Facebook, 49% use LinkedIn, 39% use YouTube, and 28% use Instagram. Only 11% do not use any social media platform.
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