Data & Research August 15, 2013

Social Security Expectation Dims for Workers

Employees today are less likely to expect Social Security in retirement, according to findings from the Employee Benefit Research Institute (EBRI).
Reported by

The 2013 Retirement Confidence Survey, released earlier this year (see “Saving for Retirement Easier Said Than Done”), revealed employees are less likely to expect this income (77%) than today’s retirees are to report having this income (93%). They are also half as likely to expect Social Security to be a major share of their income in retirement (33%) as retirees are to say that Social Security is a major share of their income (70%).

EBRI research has shown that 60% of Americans who are age 65 or older received at least 75% of their income from Social Security.

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Additional findings from the survey, including expanded information regarding worker and retiree sentiments and experience regarding Social Security and Medicare, can be found here.

Deals & People August 15, 2013

Plan Sponsor Consultants Names SVP

Carl Dekle has joined Plan Sponsor Consultants LLC as senior vice president.
Reported by

Before moving to Plan Sponsor Consultants, Dekle was principal of PlanFocus Financial Services. Prior to PlanFocus, he served as the chief financial officer (CFO) at Daily Access, a large independent retirement plan administrator.

Dekle holds a bachelor’s degree in accounting from the University of Alabama and is a certified public accountant. He holds the Accredited Investment Fiduciary (AIF) designation, as well as FINRA [Financial Industry Regulatory Authority] Series 7 and 66 registrations through LPL Financial, and licenses for health and life insurance.

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Plan Sponsor Consultants, a Michael M. Kane Company, is an independent retirement consulting firm with headquarters in Alpharetta, Georgia.

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