Most Workers Willing to Pay More for Better Retirement Benefits
But less than half are willing to do the same for better health care benefits, Willis Towers Watson learned in a survey.
Tag: 401k
Market Volatility Hasn’t Tempered Historically High DC Plan Optimism
The Wells Fargo/Gallup Investor and Retirement Optimism Index remains at a 17-year high, despite a clear uptick in volatility, with the index at +139 in the first quarter;...
Stakeholders in DC Plan Industry Must Come Together for Plan Success
Despite the tremendous progress of the last decade, there remain some “surprisingly different perspectives” among plan sponsors, recordkeepers, and individual participants when it comes to priorities and best...
BlackRock DC Pulse Survey Data Points of Interest
The annual report from BlackRock offers quite a deep dive into the large 401(k) plan population; highlighting many well-known retirement industry trends, but also a few that are...
Fifty-Three Percent of Women Plan to Retire After Age 65
This includes 13% who do not plan to ever retire, according to the Transamerica Center for Retirement Studies.
Non-Mortgage Debt Derails Retirement Savings for Many
Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found that debt is a major obstacle preventing many...
Register Now for the 2018 PLANADVISER National Conference
Annually, the top tier of retirement plan advisers from across the U.S., including the PLANADVISER Top 100 and the PLANSPONSOR Retirement Plan Advisers of the Year, gather in...
Two Thirds of Millennials Have No Retirement Savings
Only one-third are participating in their retirement plan
More Than Half of Americans Not Contributing to a 401(k)
Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey
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.
California Lawmaker Pushes for State DC Plan Option
A new bill in the California legislature would offer new state employees a 401(k)-style plan in which their own contributions would be fully matched by the state.
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
DISRUPTION: Driving Down Plan Costs a Clear Focus for FixedFee401k
Our series of exclusive articles featuring retirement industry “disruptors” continues with another growing provider in the small- and mid-market, promising 50% lower costs than the traditional competition through...
BofA Merrill Lynch Participant Website Relaunch Reflects Wellness Trends
The redesigned plan participant portal is based on insights gained from working with more than 5 million workers across the U.S., according to the firm.
Inside View of Sales Strategy and Competition at America’s Best 401K
Josh Robbins, lead strategy officer for the direct-to-sponsor plan provider America’s Best 401K, offers a closer look at the virtues and potential weaknesses of the firm’s “disruptor” model...
Nearly One-Third of Employers Plan to Use Tax Breaks on Employee Compensation, Benefits
Of this group, 25% said they will increase their company match to the 401(k) plan.
Nearly 40% of Participants Rely on Plan Provider to Manage Outside Assets
Another 35% would consider doing so, according to Spectrem Group
Data Points
403(b)s: Similar but Different
For instance, compared with others, these plans are less apt to offer loans