Industry Voices

SURVEY SAYS: Efforts to Discourage Participant Loans

Offering defined contribution (DC) retirement plan participants the chance to take a loan from their accounts encourages participants to join the plan because they feel they have access to their money, but taking a loan from the plan could possibly be detrimental to participants’ overall retirement savings outcomes.

SURVEY SAYS: 2018 Summer Vacations

Sometimes I take stay-cations, staying at home to get things done, while other times, I take vacation to visit with family or to actually go to a place like the beach to wind down.

SURVEY SAYS: Prom Expenses

More than a decade ago, when my youngest son went to the prom at his high school, I realized how much more expensive it was to attend the prom than when I did so (I won’t say how long ago that was).

SURVEY SAYS: Participant Reaction to Market Volatility

Data from the Alight Solutions 401(k) Index shows retirement plan participants reacted poorly to the latest round of stock market volatility, with trading activity described by researchers as “exceptionally high” over the days following the stock market plunge.