Benefits

Benefits |

Elderly Median Income Hits Peak in 2008

July 16, 2010 (PLANSPONSOR.com) – The median income level of the elderly population in 2008 was $18,001, the highest the U.S. Census Bureau’s Current Population Survey has...
Benefits |

Participants Stick with Target-Date Funds

July 16, 2010 (PLANSPONSOR.com) - The use of target-date funds is more likely among participants who are younger, have lower account balances, and have shorter tenure at their...
Benefits |

Vanguard Touts Auto Design Advantages

July 14, 2010 (PLANSPONSOR.com) – About a quarter of eligible defined contribution plans recordkept at the Vanguard Group are using Vanguard’s auto plan design, up from only...
Benefits |

Purdue Announces Recordkeeper Change

July 13, 2010 (PLANSPONSOR.com) –Purdue University has announced enhancements to its defined contribution plan and voluntary retirement savings program as the result of a recordkeeper change.
Benefits |

Annuities Still Dominant 403(b) Investment

July 13, 2010 (PLANSPONSOR.com) – Although the percentage of 403(b) assets invested in mutual funds increased from 2008 to 2009, annuities are still the dominant investment choice.