Tag: defined contribution plans
Data Points
The Status of Company Matches
Overall, 73.7% of plans offer a match, down from 74.7% last year
‘New Social Contract for Retirement Is Needed’
A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.
Americans Remained Committed to Their 401(k)s in 2017
Only 2.7% discontinued contributions, according to the ICI.
Confidence in Retirement Planning Correlates With Higher Retirement Income
Individuals who have an adviser are more likely to be on track to create adequate retirement income—by a wide margin, a study by Empower found.
Americans on Track to Replace 64% of Income in Retirement
Participants who work with a traditional or online adviser are on track to replace 116% of their income. Those working with any paid adviser, 91%, and those with...
Workers Want More Help with Retirement Planning
One-third of North American workers surveyed said their employer does not offer retirement education or coaching.
Council Recommends Simplifying Mandated Retirement Plan Disclosures
The ERISA Advisory Council has provided the DOL with recommendations for design and delivery improvements with respect to the Summary Plan Description, the Annual Funding Notice and the...
Individual Account Retirement Plans the Dominant Source of Retirement Income
EBRI also found not only do individual account assets make up a large portion of families’ financial assets, but those with individual account assets also have substantially higher...
Retirement Programs Must Continue to Evolve to Address Participant Needs
Chuck Coldwell, vice president - national director, Consulting and BOLI Services at Pentegra, believes as an industry, we still have not reached the goal of getting the majority...
Retirement Plans Give Workers a Sense of Financial Security
However, this is not always the case for lower-income workers.
Sponsors Making Deliberate Enhancements to Retirement Plans
Concerned that workers are not saving enough, employers are hoping to improve their financial security, Willis Towers Watson found in a survey.
DC Plan Investors Stayed the Course in the First Nine Months of 2017
Only 2.4% discontinued contributions, a mere 2.8% took withdrawals and just 1.3% took hardship withdrawals, ICI data show
beyond (k)
HSAs in Retirement Planning
Why you should consider learning more about these supplemental accounts
Editor’s Letter
Rethinking Savings Goals
Considering participants who want to save the maximum to their 401(k)
U.S. Retirement Market Has Greater Propensity Towards Home Bias
According to Willis Towers Watson’s Thinking Ahead Institute’s 2018 Global Pension Assets Study, the institute sees shifts in investment models for retirement plans across the globe.
Plan Sponsors Need Help Managing Concerns and Priorities
“It is so important to partner with providers to take some things off plan sponsors’ desks,” says Melissa Musial, marketing research and data manager, retirement services, at OneAmerica.