Data and Research

Awareness of the saver’s credit is low, and the Transamerica Center for Retirement Studies suggests that employers design campaigns to promote it.

However, survey data shows there are some areas where employers could improve their communication strategies to optimize plan utilization and understanding.

Plans with higher equity and lower fixed income allotments outperformed.

One-third of workers who feel less confident cited inflation and the rising cost of living as reasons for less optimism.

Workers may need help in understanding how to develop viable plans for lifetime income. 

As employers begin to question the effectiveness of target-date funds as a retirement spending vehicle, interest in guaranteed lifetime income has grown.

A report from DCIIA and Commonwealth suggests that emergency savings should be placed in an account that is distinct from funds intended for long-term retirement savings.

One study suggests business leaders must focus on increasing public-private collaborative training efforts and embrace competency-based hiring and promotion models based on skills rather than degrees.

Many employees ages 55 to 74 aren’t part of the Great Resignation—they got fired.

Alight research into participants’ 401(k) activity in 2021 shows workers are still investing in the future. 

Plans have been helped by higher discount rates, but investment managers suggest sponsors be mindful of risks ahead.

Non-ERISA plan sponsors told the GAO they did not have information needed to help them monitor fees.

The majority of plan participants that are currently investing—or would like to invest—in environmental, social and governance funds want their investments to make an impact on issues concerning...

Education regarding financial wellness can include reminders of what to keep in mind for the future.

Employee Benefit Research Institute and Fidelity data show that more account holders are investing their health savings accounts assets.

A study reveals many advantages to virtual retirement and financial wellness meetings; plan sponsors should keep certain things in mind.

Lawmakers have also introduced a bill designed to help employees who have defined contribution plan accounts cover emergency expenses.

The amount of the increase in contributions depends on employees’ age and initial contribution level, research from the Employee Benefit Research Institute found.   

Retirement plan sponsors are looking to enhance their plans to address employees' overall financial wellness.

An analysis from HealthView Services shows how inflation dramatically increases what future retirees will have to pay for health care.