Most employees participate when offered access to a defined contribution retirement plan, but a strong majority also cite worries and ignorance about tough investing topics.
Specialists in behavioral economics and plan participant technology pool their knowledge to motivate participants to take action.
College faculty and staff are better prepared for retirement than the general population, a survey finds.
Addressing some commonly overlooked factors can improve preparations for retirement.
With markets less volatile than in October, 401(k) participants slowed transfer activity in November.
The majority of Wisconsin retirement plan participants still do not understand the fees they pay in a workplace-based retirement plan, according to a recent survey.
The threat of ever-increasing health care costs has even affluent pre-retirees worried, Nationwide found.
Half of employees approaching retirement wish they had started saving sooner, a TIAA-CREF survey finds.
Defined contribution plan recordkeeping data shows U.S. participants are strongly committed to their workplace retirement savings programs, according to the Investment Company Institute (ICI).
Employees provided with financial education programs are less stressed, more prepared for retirement, and have better understanding of their finances, according to a report from the International Foundation of Employee Benefit Plans.