401(k) Plan Participants React Visibly to Market Dip
The last full week of August was a test of will for retirement plan participants. Many buckled under the pressure.
Participants
Retirement Planning Takes a Life Vision
There is more to retirement planning than making financial calculations—more to living in retirement than securing an income stream.
More Participants Find Retirement Plan Provider Resources Helpful
A survey shows a significant jump in retirement plan participants’ perception of the helpfulness of provider resources for retirement planning, investing and saving.
Plan Participants Prefer One-on-One Advice to Group Sessions
They also want personal guidance during enrollment.
Student Loans Setting Millennials Back
The weight of student loan debt is preventing many from saving for retirement.
Health Care Costs Remain Major Retirement Expense
A 65-year-old couple can expect to pay $220,000 on health care in retirement, a government group says.
Cost Top Consideration During Open Enrollment
More than eight in 10 employees said they focus on cost information during open enrollment for health and other insurance benefits.
‘Safe’ Investments Get More Participant Transfers in June
Money market funds received the most inflows from defined contribution plan participant transfers in June.
Employers Can Help with Employee Financial Stress
A survey finds lower and middle-income mothers are the most financially stressed employees.
Gen Y Concerned About Retirement Savings Safety
They want safety from market volatility, and they don’t think Social Security will be there for them.
Gen X Confident Retirement Savers
On average, they started saving for retirement at age 26.
Personal Analysis Needed for Faculty Reluctant to Retire
Unconfirmed assumptions often appear to underlie a reluctance to retire.
A Financial Wellness How-To
More retirement plans may be adding financial wellness programs, due to increased interest in participants' retirement readiness.
Health Insurance Critical for Retaining Employees
Nearly one-third of workers say they would leave their job if health insurance was discontinued.
Trading Was Brisk in DC Accounts in May
More defined contribution plan participants made trades last month, according to Aon Hewitt.
Behavioral Finance Q&A with Shachar Kariv – Part 2
In the second half of a conversation with PLANSPONSOR, U.C. Berkeley Economics Department Chair Shachar Kariv discusses the importance of defining and driving “financial rationality” among workplace savers.
Millennials Have Financial Priorities Ahead of Retirement Saving
Forty-five percent of “younger” respondents to a recent survey said they have student loan debt.
Workers Value Overall Financial Education
Ninety-five percent of workers believe financial literacy is important, LIMRA says, but their takeaways can vary.
Wells Fargo Data Shows Auto Features Help
Automatic enrollment and automatic asset allocation products are helping 401(k) participants save and diversify.
Behavioral Finance Q&A with Shachar Kariv – Part 1
PLANSPONSOR talks with U.C. Berkeley's economics department chair about the role of “decision science” in improving participant decisionmaking and closing the retirement income gap.