Tag: Retirement Income

We have reached an inflexion point in America.  Boomers are pouring into retirement age at a pace of 10,000 per day.

Small-cap growth funds represent a potentially effective way for those with retirement saving shortfalls and concerns about improving portfolio growth to provide additional stock and sector diversification while...

Participants want advice they can trust, often feel they can’t afford it and take positive action when they get it, a survey found. 

The Department of Labor (DOL) wants to know whether its proposal to show lifetime income projections on retirement plan participant statements is a solution to having inadequate income...

As the American demographic is approaching retirement—many without adequate savings—the discussion of the role of retirement income products has ramped up.

A recent webcast, hosted by State Street Global Advisors (SSgA), addressed how plan sponsors can help participants transition from saving for retirement to focusing on retirement income strategies.

In its most recent analysis of 401(k) retirement accounts, Fidelity Investments found that saving just a small amount more each month can positively affect retirement income.

Unmarried people living alone, both women and men, are likelier to rely on Social Security to stay out of poverty than those living with families.

Employees today are less likely to expect Social Security in retirement, according to findings from the Employee Benefit Research Institute (EBRI).

Pension plan participation is much higher among couples when they are viewed as a unit, rather than measured separately as married men and married women.

A number of organizations have commented on the proposal by the U.S Department of Labor (DOL) on providing participants with lifetime income illustrations.

In a letter to the U.S. Department of Labor (DOL), the Plan Sponsor Council of America (PSCA) expressed some disagreement with the DOL's proposal for including lifetime income...

The Institutional Retirement Income Council submitted a letter to the Department of Labor, recommending that lifetime income illustrations and projections be mandated on participant statements.

One-third (33%) of those polled, who are already in retirement, confirmed they are experiencing a lower standard of living than during their working years, based on their monthly...

The SPARK Institute said it supports guidance that will encourage retirement plan sponsors and service providers to voluntarily furnish lifetime income illustrations to participants.

Transamerica Retirement Solutions has launched a mobile application, the Retirement Outlook Estimator.

A policy forum sponsored by the Employee Benefit Research Institute (EBRI) examined factors affecting retirement income adequacy and decisions that can mitigate their impact.

SunTrust Banks, Inc. has added retirement income projection tools to its institutional 401(k) offerings.

Different workplace experiences and employee benefit histories are causing a divide between early and late Baby Boomers regarding their financial security and outlook on retirement.

The U.S. Department of Labor (DOL) is allowing stakeholders more time to comment on lifetime income illustrations given to participants in...