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).