Tag: 401(k) plans

Twenty-one percent of workers expect that working in retirement will provide them with a major source of income, but this is only true for 9% of retirees.

Sponsors expect their advisers to be proactive and to push their plans to the next level.

If combined with the Automatic Retirement Plan Act of 2017, the retirement savings shortfall would be reduced by $932 billion, or 22.6%, according to EBRI.

On the majority of trading days, fixed-income funds led, according to the Alight Solutions 401(k) Index.

Many respondents to a Prudential Financial survey are misjudging how well-off they are.

Over half have nothing set aside in any type of employer retirement plan. 

Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans, says T. Rowe Price.

Cerulli says retirement specialist advisers are becoming more knowledgeable about and comfortable with CITs, and the research firm expects CITs will continue to expand their share of 401(k)...

The site takes on myths about the U.S. retirement system and offers tips on saving.

Alight Solutions found when offered two loans, 14.4% of participants take advantage of that. When offered three loans, 11.9% do the same.

In addition, a mere 18% of workers are very confident they will be able to retire with a comfortable lifestyle.

The lawsuit alleged that Citigroup violated its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by offering and keeping affiliated funds in its 401(k) plans when...

The legislation would establish a personal retirement account for every American that they could take with them from job to job.

One measure is to encourage MEPs by eliminating the “nexus” requirement.