401(k) Savings Rates Have Increased
In addition, the number of health savings account holders on Fidelity’s platform increased 35% over the last year.
Tag: Participants
The Value of Transparency in Participant-Level 401(k) Data
The technology conversation is no longer simply about the amount of data available, but rather how it is used and, more specifically, how granular it is, as to...
Ninety Percent of Americans Lack Confidence in Retirement Savings
Fewer than one-third of Americans have $100,000 or more saved for retirement, an IALC survey finds.
Benefits Need to Be Communicated Year-Round
By making workers aware of health and financial benefits, employers can make their workforce more engaged and productive—and avoid costly expenses.
Investors Who Held Steady After the Great Recession Have Been Rewarded
However, Fidelity Investments found that 25% of investors have switched to more conservative investments since 2007.
Lack of Funds for LTC is Americans’ Greatest Fear About Aging
Yet only 20% have taken any step toward funding their long-term care expenses.
Financial Setbacks Cause Many to Dip Into Retirement Savings
This can put a person’s retirement in jeopardy, The Pew Charitable Trusts says.
Many Pre-Retirees Misjudge Their Coming Expenses
A survey of the newly retired finds 40% spend more for health care than they’d expected.
The Need to Save More Tops List of Reasons for Limiting Spending
This is especially true for Millennials, Bankrate.com found.
Lawton Retirement Joins Firms Making Diversity Push
The firm is partnering with bilingual education expert Rebecca Heaton Juarez to deliver broader-based financial wellness and participant educational services in multiple languages.
Women Projected to Be Significantly Less Affluent Than Men, UBS Finds
The difference owes to the pay gap between men and women, the tendency of many women to take a career break to raise or care for family, and...
Retire Ready Now Creates Personalized Participant Reports for Advisers
All retirement plan advisers need to do is provide plan census data.
Americans Carry an Average Debt Load That Impedes Retirement Savings
However, they report they have more in savings than in credit card debt.
U.S. Bank Wins Appellate Confirmation of ERISA Litigation Dismissal
The Eight Circuit Court of Appeals has backed the decision of a lower court to summarily dismiss a lawsuit filed by participants in an over-funded defined benefit plan...
Investing Optimism and Health Care Cost Challenges
The head of Wells Fargo Institutional Retirement and Trust reflects on a strong boost in investor optimism measured in a recent survey published by the firm—and on the...
PANC 2017: Behavioral Finance and the Future of Improving Retirement Outcomes in the Digital World
Shlomo Benartzi shared tricks for ‘digital nudging’ with attendees of the 2017 PLANADVISER National Conference.
Setting Goals Improves Retirement Savings
Research finds that participants who set goals are more likely to save more for retirement and more likely to feel confident about retirement—even in the face of competing...
PANC2017: Improving Plan Design for Retiring Participants
Participants age 50 and older need more personalized advice, advisers say.
PANC 2017: How Data Interpretation Affects Retirement Projections
Two leading retirement industry executives refute the claim that the nation faces a retirement crisis and point to several ways retirement plans can be strengthened.
Hurricane Relief: What Should DC Plan Advisers Be Telling Their Clients?
Advisers can help plan participants understand their hierarchy of needs, framing guidance to fit the context of whatever additional relief Congress may provide.