Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
December 7th, 2016
Benefits & Administration
DC Plan Participants Would Like to Fund Emergency Savings First
Two-thirds of workers are interested in a proposal that an automatic emergency savings account could be funded up to a specific amount, after which time the money would automatically go into their defined contribution (DC) plan.Read more >
Americans Lagging on Retirement Savings
Fifty-one percent of Americans worry about their financial situation and only 37% are confident they are track for a comfortable retirement, according to the 2016 EY Financial Wellness Assessment, based on a survey of 4,000 people conducted between August and October. However, the survey finds they are managing bills and debt.Read more >