Benefits

Benefits |

Health Care Worries Dent Savings Goals

November 19, 2013 (PLANSPONSOR.com) – Participants in employer-sponsored retirement plans are prepared to reduce 401(k) account contributions to mitigate worries over health care expenses, the Mercer Workplace Survey...
Benefits |

Higher Ed. Plans Streamline to Save

November 18, 2013 (PLANSPONSOR.com) – U.S. higher education institutions are implementing consolidations and refining features to drive down retirement plan costs, a Transamerica study shows.
Benefits |

It Is Possible to Retire With $1M

November 15, 2013 (PLANSPONSOR.com) – An analysis of 401(k) participants with balances in excess of $1 million shows similar patterns of saving and investing behavior.
Benefits |

Retaining Retirement Savings from Job to Job

November 14, 2013 (PLANSPONSOR.com) – Research from the Employee Benefit Research Institute (EBRI) reveals that more employees are preserving their retirement savings as they change jobs.
Benefits |

Average 401(k) Balance Sees Increase

November 14, 2013 (PLANSPONSOR.com) – Fidelity Investments says the average balance of its 401(k) plan accounts rose to a record high of $84, 300 at the end of...
Benefits |

Young Workers Want to Save, Lack Capital

November 12, 2013 (PLANSPONSOR.com) – A new global report suggests young workers lack the resources to start saving effectively for retirement, despite enthusiasm over employer-sponsored retirement plans.
Benefits |

BofA to Move $19B DC Plan Inhouse

November 8, 2013 (PLANSPONSOR.com) - Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.
Benefits |

Philadelphia Archdiocese Moving to 403(b)

November 8, 2013 (PLANSPONSOR.com) – In an effort to improve its financial situation, the Archdiocese of Philadelphia is freezing its defined benefit plan for lay employees.