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| Benefits & Administration |
| Study Shows Growth of DC Plans as Retirement Income Source |
| Individual account (IA) retirement plans are the dominant source of financial assets for retirement income among current and future retirees—and they continue to grow, according to the Employee Benefit Research Institute (EBRI). EBRI’s analysis of Survey of Consumer Finances (SCF) data finds that in 2016, IA assets constituted 67.9% of financial assets at the median among families owning IA assets. The percentage of IA plan assets in DC plans from a current employer amounted to 40.9% in 2016. The percentage in a previous employer DC plan was 8.7%, while IRAs/Keogh plans held 50.4% of the IA plan assets. “Any policy that alters this system could have consequences–either positive or negative–for Americans’ ability to fund a comfortable retirement,” says Craig Copeland, with EBRI.Read more > |
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| Industry Voices |
| Barry’s Pickings: The Role of the Employer in the 401(k) System |
| Michael Barry, president of the Plan Advisory Services Group, opines about the most important role of the employer in the employer-sponsored 401(k) plan system.Read more > |
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| PLANSPONSOR Research |
| 2017 Defined Contribution Survey |
| Plan sponsors assess their DC plan providers—categorized in six asset sizes.Read more > |
