Participant Misperceptions
Generations Respond Differently to Retirement Savings
Gen Xers and women reported facing multiple struggles in saving for retirement.
Participant Insights: Misperceptions About 401(k) Plans Abound
Gen X Participants Are Even More ‘Sandwiched’ After COVID-19
Financial Wellness Is Really About Financial Priorities
Education Can Help ‘Savers’ Feel Confident Like ‘Investors’
Nearly all of those responding to a new Schwab survey say they would feel confident about making the right financial decisions with professional help, yet only half feel their current situation warrants professional advice.
Untreated Financial Stress Robs Work Force Productivity
Besides evaluating participant financial stress levels, a new OneAmerica survey also looks at the specific factors causing participants to experience financial stress.
Participant Loan Activity Appears to Have a Quarterly Seasonal Pattern
ICI finds the first quarter of the year tends to have lower percentages of DC plan participants with loans outstanding compared with later quarters.
Resources Investment Advisors Reveals Financial Elements Literacy Program
The financial wellness and literacy program is meant to help employers address the hard costs of high-turnover, absenteeism and financial hardship of their employees.
Tax Bill Affects IRA Conversions, Loans, 529s, NQDC Plans
The bill does not impact tax breaks for retirement savings, either by lowering the amount people can contribute or requiring some or all of the money to be invested as a Roth 401(k).
DC Plan Participants Favored Fixed Income in November
However, November was a light trading month for DC plan participants, Alight Solutions finds.