Average Deferral Rates Reach 10-Year High of 8.6%
And the use of 401(k) loans fell to a nine-year low of 22.5% in 2018, according to T. Rowe Price’s annual participant data benchmarking report.
Tag: auto enrollment
Two-Thirds of DC Consultants Charge Fixed Dollar Fees
This is down from three-quarters last year, a PIMCO survey found
Auto Enroll and Opt-In Plans Need Different Efforts to Get Participants Engaged
A study from the TIAA Institute finds focusing on financial literacy and understanding of exponential growth boosts participation and savings in an opt-in DC plan plan, while efforts...
Nearly One in Seven Expects to Continue Working or Never Retire
Only 31% of Americans are confident they will have saved enough by the time they retire.