Tag: Participants

Respondents to PLANSPONSOR's 2016 Participant Survey who work for organizations that offer DC plans were twice as likely to have established retirement goals as employees without access.

A new Beyond the Numbers blog post from the Bureau of Labor Statistics examines the real spending patterns of older Americans and their households.  

Results of the Federal Reserve’s latest Survey of Household Economics and Decisionmaking suggest income volatility has become a real hurdle to retirement saving and wealth forecasting. 

A CRR Issue Brief says its study found parents' increase in retirement savings after children leave home is very small compared to that suggested by theory.

Research has found that improvement in financial wellness improves retirement savings, but each generation has different needs and learning styles.

Among those who did trade, fixed income was the favored asset class.

Even American families with significant assets saved cite stubborn concerns about the potential loss of an income earner and the likelihood of falling short in a longer-than-expected retirement.

Advisers are finding new ways to help clients cope with the powerful sense of panic that can quickly set in when broad equity market indexes start to fall. 

A Willis Towers Watson survey found less than 10% of plan participants that have the option currently make Roth 401(k) contributions.

Fifty percent of Millennial women think they will have to reduce their standard of living in retirement.

Helping plan sponsors make certain plan design decisions and helping employees make the right savings and investing decisions can significantly increase retirement outcomes, the GAO found.

There are several different approaches they can take.

The vast majority of employees saving for retirement say their financial decisions are most impacted by family and friends, according to the International Foundation of Employee Benefit Plans. 

59% of recently hired 401(k) participants held TDFs, compared with 48% of 401(k) plan participants overall, a study found.

Covering health care costs is their second-biggest concern.

The way retirement plan participants are communicated with drives higher trust levels.

The levels of high satisfaction in retirement started to drop in 2004, a study finds.

However, they are looking to keep group benefits costs down.

But their definition of what it means has dramatically changed to focus on family and security.

Fewer military members contributed to retirement accounts last year, but working with an adviser improved outcomes.