Talking Points

Tired of giving the same old presentations? Use these nuggets of information to spruce them up.
Reported by PLANADVISER Staff
  • “Before anything else, preparation is the key to success.” —Alexander Graham Bell  
  •  Just a little less than half of working men (49%) are enrolled in their company’s retirement plan, compared with 43% of working women, according to research from Wells Fargo, and more men (43%) than women (39%) contribute 10% or more of their salaries.
  •  Popular DC Features: An overwhelming majority (90%) of plan participants are happy that their defined contribution (DC) plan automatically deducts their contribution from their paycheck; 90% like to control their investment choices; 90% enjoy how their defined contribution plan inspires them to plan for their future; and 86% are partial to the income tax deductions.
    Source: Investment Company Institute (ICI)      
  • The median total contribution rate to 401(k) plans by employers and participants has risen to 10%, notes a report, “Building Retirement Security Through Defined Contribution [DC]Plans,” by professors Jeffrey R. Brown and Scott J. Weisbenner from the University of Illinois at Urbana.
  • Holding Steady: Only 10% of retirement plan participants changed their investments in 2013, half as many as did so just a decade ago.
    Source: Vanguard Center for Retirement Research