Tag: 401k

The women are also far more risk-averse, PNC Investments learned in a survey.

Fifty-three percent expect to become millionaires, TD Ameritrade found in a survey.

In a detailed ruling, the Deutsche Bank defendants’ motion for summary judgment is granted with respect to certain prohibited transaction claims, but denied with respect to other breach of fiduciary duty claims.

Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.

While the conference is quickly approaching, there is still time to sign up. All the information you need is here. 

The percentage of people who contributed to their Fidelity IRA in Q1 2018 increased 14% over a year ago; among Millennials, IRA contributions increased even more.

But less than half are willing to do the same for better health care benefits, Willis Towers Watson learned in a survey. 

The Wells Fargo/Gallup Investor and Retirement Optimism Index remains at a 17-year high, despite a clear uptick in volatility, with the index at +139 in the first quarter; the firm’s head of retirement dissects the findings for PLANADVISER readers.

Despite the tremendous progress of the last decade, there remain some “surprisingly different perspectives” among plan sponsors, recordkeepers, and individual participants when it comes to priorities and best practices, according to a new Cerulli report.

The annual report from BlackRock offers quite a deep dive into the large 401(k) plan population; highlighting many well-known retirement industry trends, but also a few that are less well-observed.

This includes 13% who do not plan to ever retire, according to the Transamerica Center for Retirement Studies.

Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found that debt is a major obstacle preventing many people from saving as much as they would like.

Annually, the top tier of retirement plan advisers from across the U.S., including the PLANADVISER Top 100 and the PLANSPONSOR Retirement Plan Advisers of the Year, gather in Orlando, Florida, for three days of discussion and debate; reserve your spot today for the 2018 event. 

Only one-third are participating in their retirement plan

Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey

Concerned that workers are not saving enough, employers are hoping to improve their financial security, Willis Towers Watson found in a survey.

A new bill in the California legislature would offer new state employees a 401(k)-style plan in which their own contributions would be fully matched by the state.

Only 2.4% discontinued contributions, a mere 2.8% took withdrawals and just 1.3% took hardship withdrawals, ICI data show

The redesigned plan participant portal is based on insights gained from working with more than 5 million workers across the U.S., according to the firm.