It can cull data for advisers, banks, credit unions, insurance firms and other institutions to give an overview of a person’s defined contribution plan holdings.
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...
They earn less than older generations, are less likely to participate in a retirement plan, and will have to contend with longer life spans and rising health care...