A paper explores whether higher limits on 401(k) plan contributions encourage people to save more.
Data and Research
HSAs can help investors cover their health care expenses in retirement.
Retirement-age individuals who are searching for work face many obstacles.
Logic would dictate that retirees would shift their retirement savings to annuity products, but this has yet to happen, a research paper says.
Workers are still mainly unaware of the long-term tax-free growth health savings accounts (HSAs) can generate.
More than half do not think their performance figures are completely accurate.
According to Chatham Partners, plan providers may be at risk of losing their clients.
While 81% of respondents to a survey feel optimistic about their financial futures, only one in five feel “very prepared” for retirement.
Fewer than 10,000 of Vanguard’s 3.6 million participants use the brokerage option.
Financial constraints are also causing many to delay a wide number of major life events.
The funds need broader asset allocation and open architecture, according to the investment firm.
More younger savers have increased their retirement contribution in the past year.
Only 7% of plan sponsors answering a J.P. Morgan survey have previously conducted a re-enrollment.
Just how much they would help depends on several factors, EBRI finds.
Retirement plan participants seldom engage in too-frequent or inappropriately coordinated trading.
Hispanic workers polled by MassMutual revealed a concerning lack of knowledge about Social Security.
Most Americans look for a retirement plan when considering a job offer, yet only 50% of employers offer one.
What can the U.S. learn from other countries’ preparations?
These separately managed investment accounts are built around each participant’s asset profile and individual circumstances.
The retirement plan industry shows little sign of dropping its focus on fees and lowering the cost of investing.