Tag: Participants

Eighty percent of single women keep a portion of their savings in cash, with 35% keeping 50% or more in liquid savings.

60% say life in retirement exceeds their expectations.

Over three-quarters purchased their IRA through an investment professional.

While 66% of larger plans use automatic enrollment, only 51% of smaller plans do.

Nearly one in four say they would be willing to save more than 50% of their paycheck to have more money in the long run.

Fifty percent of Gen Xers surveyed say they cannot start saving for retirement until they pay off their credit card debt.

Fifty-seven percent of employees surveyed do not want their employer to send personalized messages to people facing important financial decisions.

More than one in four now avoid the market and nearly half have altered their spending and savings habits.

More than one-third of retirees continue to grow their assets, BlackRock found.

However, they also do not live as long those with a higher socioeconomic status.

The number of participants taking hardship withdrawals remained less than 1%.

If the plan is not already automatically enrolling participants and escalating their deferrals each year, AB says, it should be.

Despite sometimes being thought of as “slackers,” data shows the Millennial generation is more financially responsible than other generations give them credit for.

Even among participants who said they were very familiar with their plan's fees, 33% hadn’t read any fee disclosures in the past year, according to research from The...

However, debt held by those between the ages of 65 and 80 increased 40% between 2003 and 2015.

This year's survey from Transamerica of higher education plan sponsors shows a decline of 403(b) plans offered, and a dramatic swing in the popularity of 401(k) plans. 

Analysts warn it’s too soon to tell what middle ground, if any, may be reached between the House and Senate; for now 401(k) retirement plan deferrals appear to...

Most successful savers are taking the concrete steps they need to make retirement goals achievable, a PNC survey finds.

Sixty-four percent of Millennials say they are confident about making investment decisions—but this soars to 85% when working with an adviser.

Research also found the youngest and oldest investors were most perceptive to using employer-sponsored retirement planning resources.