Tag: Education

A new PSCA survey finds many Millennial employees say student debt keeps them from saving for retirement—and even older workers widely carry at least some student debt. 

The reasons people start saving for retirement can inform plan advisers and sponsors about educational nudges and plan design.

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

"Our hope is that if people hear this now from actual retirees—not just retirement experts—then it will put fire under them to put a solid plan into place...

As part of the challenge, individuals can walk through a Retirement Wellness Planner.

Half of Americans with student loan debt say they have delayed contributing to a retirement account.

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.

The American Academy of Actuaries and the Society of Actuaries jointly released the Actuaries Longevity Illustrator, offered as a free public service and designed to be easy to...

A new video series from the Employee Benefits Security Administration covers topics including setting financial goals, budgeting, determining a retirement savings rate and managing debt. 

A survey found that employees are confused about benefits including group retirement plans, but retirement is their most important financial goal and they would like help from a...

There are several different approaches they can take.

MassMutual has introduced new financial and retirement calculators aimed at a Spanish-speaking audience. 

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. 

Twenty percent report feeling extremely stressed.

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

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.

The company has also created a retirement calculator.

 

Retirees surveyed stressed to pre-retirees the importance of professional financial advice when planning for retirement.