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| Benefits & Administration |
| Health Care Costs Affecting Retirement Savings and Financial Wellness |
| Of the nearly half of survey respondents who report they have experienced health care cost increases in the past year, 24% state they have decreased their contributions to retirement plans, and 17% have taken a loan or withdrawal from a retirement plan.Read more > |
| Retirement System Rankings Not Corresponding With Most Confident Individuals |
| Objective rankings can show how strong a country’s retirement system is with regard to coverage and monetary backing, but those indicators do not measure how individuals actually feel about their retirement readiness. State Street set out to measure how it feels to prepare for, approach and experience retirement by conducting an online survey, in conjunction with YouGov, across eight countries representing a range of retirement systems. It found that the retirement structures with the highest objective rankings did not necessarily correspond to the happiest respondents. Based on its findings, State Street says it has the formula for retirement happiness and makes recommendations for policymakers, plan sponsors and providers.Read more > |
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| Products, Deals and People |
| Mesirow to Provide 3(38) Services for TAG 401(k) Platform |
| TAG’s 401(k) Aggregated Solution offers minimal fiduciary liability, partnerships with well-known providers, regulated compliance and competitive cost.Read more > |
