Tag: defined contribution plans

Additionally, the number of plans with an initial 6% deferral rate for automatic enrollment now surpass those with 3% as the initial rate.

PGIM suggests DC plan sponsors look to the investing approach of defined benefit (DB) plans, endowments, sovereign wealth funds, insurance company general accounts, sophisticated wealth management platforms and...

The solutions can help retirement plan sponsors and the advisers serving them easily arrive at a baseline cost for the plan

This is especially a concern, as only 20% believe they are saving adequately for retirement.

Ongoing education makes participants aware of the plan and underscores its value.

The ARA says e-delivery can lead to increased saving and investing.

Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.

The platform allows retirement plans to solicit bids from retirement plan providers.

A mere 21% feel confident about drawing down their retirement plan assets, Ameriprise Financial found in a survey.

It consists of six live, web-based training sessions conducted over a three-month period.

When trades were made, there was a continued movement away from equities into fixed income.

Together, they supply 40% of retirees’ income.

How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.

This is a 50% increase from 2017.

However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.

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

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