As Many Retirees Plan to Work for Fulfillment as for Money, Empower Finds
Personalized advisement remains key for working retirees no matter their circumstances, says a financial adviser with the recordkeeper.
Tag: retirement savings
US Retirement Assets Rise for 4th Straight Quarter Through Q2
Defined contribution plans grew at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent research...
As Health Costs Dominate Budgets, HSAs Continue to Emerge as Retirement Saving Vehicles
Expert says the marketplace has approximately 36 million HSAs, housing more than $100 billion in assets.
Investors Nearing Retirement Seek Strong Support and Brand Familiarity, Cerulli Reports
Latest research found 45% of investors prefer an adviser affiliated with a national firm when they are nearing retirement.
American Airlines ESG Lawsuit May Move Ahead, According to Court Filing
A judge overseeing the complaint brought by a former pilot has set a potential trial date; the airline has said...
NYC Pension Funds File to Dismiss ESG-Related Lawsuit
Attorneys are seeking to dismiss allegations that retirement funds were jeopardized due to divestment from securities of fossil fuel companies....
US Retirement Assets Grow to $35.4 Trillion in Q1
Retirement assets accounted for 31% of all household financial assets at the end of March 2023, according to ICI.
Benefits Aggregator Hub Adds In-House HSA
The proprietary health savings account will put participant savings into Hub-selected investment funds.
24% of Participants May Cut 401(k) Contributions
Nationwide Retirement Institute recommends that advisers and recordkeepers work to help participants maintain their financial futures.
Can Employers Help Americans Struggling to Save Amid Inflation?
More than 20% of U.S. workers made reported borrowing from their retirement savings in 2022, according to FinFit.
Disability-Affected Individuals Need Better Retirement Preparation
Among disability-affected retirees, 61% said they did not save enough for retirement, and a new EBRI report lays out ways...
Is the HSA a Health or a Retirement Savings Benefit?
Panelists at the PLANADVISER/PLANSPONSOR HSA Conference discussed how to position the HSA to get the most out of the benefit...
Roundtable
What Participants Need
3 industry experts weigh in on how employers can help participants meet their retirement goals.
Fears of State IRA Plans Overtaking Private Not Realized, Data Shows
States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...
Data Shows 68% of Parents Make Financial Sacrifice for Adult Children
Among parents helping their adult children, 43% of parents have made dipped into their retirement savings.
Gig Workers Uncertain if They Will Retire, Likely to Self-Fund if They Do
Many freelancers plan to work beyond 65, and 30% say they don’t plan to retire at all.
For NQDCs to Meet Growth Potential, Experts Turn to Customization
Less than half of recordkeepers currently offer “top hat service” for highly compensated employees.
Latino-Owned Businesses May Be Poised for 401(k) Plan Growth
As state mandates for small businesses take hold, industry players see opportunity in reaching the underserved Latino population.
Labor Tightness Drives More Immediate Eligibility for Retirement Deferrals
The tight labor market has pushed employers to offer attractive retirement savings plans, according to experts at Vanguard and Fiducient...