401(k)s Challenging the 3% Auto Enrollment Default Rate
However, the average deferral rate for the plans that T. Rowe Price administers is 7%, well below the recommended 15%.
Only 8% of workers surveyed selected retirement security as a top concern going into this year’s election.
While some multiemployer plans are in poor shape financially, many more are doing just fine, according to an analysis from Segal Consulting.
Fidelity’s latest retirement analysis reveals its customers have increased their 401(k) balances on average and its...
In contrast to factors boosting the U.S. ranking, the country also has one of the highest levels of income inequality among developed nations—challenging the retirement planning effort at...