ICI: IRAs Continue to Serve American Savers Well
Both traditional and Roth IRAs serve Americans of all ages.
Data and Research
An Accurate Perception of Their Finances Eludes Many Americans
One third thinks they are either better or worse off than they actually are, Prudential Financial learned in a survey.
Over Half of Americans Have Nothing Saved in a Retirement Account
The median retirement account balance among all U.S. workers is "zilch"
Correlation Found Between Profitability and Quality of 401(k) Plans
Above-average-rated plans are more apt to be found at companies with 20% to 80% higher profitability than are average-rated plans, says T. Rowe Price.
Institutional Investors Entering New Asset Classes, Paying Less in External Fees
Cost reductions are evident across asset classes—not just in equity.
Mercer-Vanguard Health Savings Model Urges Personalized Planning
Workers with generous employer health care benefits that may not be offered in retirement and those at higher risk of chronic conditions because of their family history or...
Examining the Root Causes of Financial Stress
Marsha Whitehead, OneAmerica vice president of enterprise marketing, explains how evaluating top financial concerns provides great insight into the root causes of financial stress.
Majority of Americans Do Not Feel They Have Recovered from Great Recession
Seventy-nine percent of Americans say they don’t fully understand what happened during or what caused the financial crisis.
Employees Not Realizing the Importance of Debt Control in Retirement Planning
Although a majority of workers thought workplace financial well-being programs would be either very or somewhat helpful in better preparing or saving for retirement, fewer than half of...
Global Retirement Index Declines Pinned to Aging Populations
An aging population seems to be the greatest challenge facing the retirement systems of developed nations; Japan, where 27% of people are already over the age of 65,...
Unpredictable Retirement Age Calls for New Planning
Morningstar suggests individuals and their advisers must incorporate retirement age uncertainty in their retirement planning by focusing on saving.
LIMRA Reports Strong Pension Buy-Out Activity in 2018
Year-to-date, buy-out sales have been $9.6 billion, a 76% increase from the first two quarters of 2017.
A Combination of Changes Can Improve an Individual’s Retirement Outlook
For both the general public and mass-affluent households, saving more, choosing to invest one’s savings, delaying retirement and lowering standard-of-living expectations have a far greater effect on one’s...
Cash Balance Plans Particularly Appealing to Small Businesses
Kravitz research found that 92% of cash balance plans are in firms with fewer than 100 employees.
Missing Retirement Plan Participants Fare Better Than Those Who Cash Out
Despite intense DOL activity surrounding missing retirement plan participants, at least those participants’ retirement savings are preserved, say executives at Retirement Clearinghouse. And, focusing on a solution to...
Gen X and Gen Y Making Sacrifices to Save More for Retirement
Many Gen Xers and Gen Yers deferred 90% or more of the Internal Revenue Service (IRS) maximum allowance for contributions to their retirement accounts, according to research by...
Young Investors May Be Too Confident About Retirement
And they generally think they will need to save half of what Baby Boomers think is needed to retire comfortably.
Americans Continue to Increase Retirement Savings
Those who did not increase their retirement savings cited stagnant income, other financial priorities, increased household expenses and an unexpected financial emergency as reasons.
Majority Think Financial Security Is Unattainable
Paying down debt is a higher priority for survey respondents than saving.
Few Sponsors Very Confident in Workers’ Retirement Security
A survey finds many small employers do not offer employees a retirement plan, and few employers that offer retirement plans extend eligibility to part-time workers.