Tag: defined contribution plans

A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.

Only 2.7% discontinued contributions, according to the ICI.

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.

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...

One-third of North American workers surveyed said their employer does not offer retirement education or coaching.

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...

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...

However, this is not always the case for lower-income workers.

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

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