Robinhood IRA Nears $1B, Planning Further Retirement Push
The stock trading platform’s IRA with 1% match nears milestone after less than one year while CEO announces 3% IRA match for premium subscribers.
Half of 1M Robinhood IRA Savers Pick In-App Investment Recommendation
Online stock brokerage Robinhood said nearly 75% of more than 1 million users for its new IRA offering chose a Roth over traditional IRA.
Behind Robinhood’s Retirement Push
Online brokerage Robinhood’s head of investment management left a 21-year career at J.P. Morgan to reach a wider population of American investors. She’s getting the chance with an IRA aimed at the gig economy.
Stock-Trading Platform Robinhood Launches IRA with 1% Match
Robinhood, which came to fame during the pandemic stock-trading boom, enters the retirement space via an IRA with an automatic 1% match.
Hypothetical Trade-Off Scenarios
John Hancock Dashboard Analyzes Retirement Readiness
It also identifies opportunities to improve participant outcomes.
When Asked About Benefit Trade-Offs, Participants Show Preference for Guarantees
The 2020 PLANSPONSOR Participant Survey also shows that company matches really matter to retirement plan participants.
15th Anniversary of RPAY: Chepenik Financial Services
Jason Chepenik says advisers need to continue to have the courage to try new ideas.
FinFit Creates Savings Account With Employer Match
Employers can match up to 100% of employees’ contributions.
Travelers Will Help Employees Save for Retirement While Paying Down Student Debt
The program will go into effect for Travelers' U.S. employees in January 2020.
Employer Contributions on the Rise
S Corporation ESOPs Can Give Workers a Retirement Savings Advantage
In such plans, they have more than twice the average retirement balance of other workers.
2019 Planning for DC Plan Clients
Willis Towers Watson offers nine actions for DC plan advisers to help their clients mitigate risks in 2019.
Americans Favor Workplace Benefits Over Extra Salary
A 401(k) match and health insurance are the benefits they value the most
Young Savers Are the Group Most Likely to Meet Retirement Goals
Workers under age 35 are realizing they need to start saving now, according to Ascensus.
Improvement in Retirement Outlook
BenfitEd Creates Program to Move Company Matches to Student Loan Debt
Workers can move the entire match over or just a portion of it.
Participants’ Retirement Outlook Has Improved
Fifty-two percent think they will be able to retire at their ideal retirement age, and 52% say they either somewhat or strongly agree that their savings will last throughout their lifetime.
The Status of Company Matches
Form 5500 Data Shows Large Sponsors Favor TDFs to Boost Savings
Employer contributions and loans are also prevalent, a Brightscope/ICI report says.