Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 27th, 2015
Benefits & Administration
How Will Employers Respond to Changed Savings Incentives?
Proposed tax reform for retirement savings has led industry groups to speculate that employees will stop saving in employer plans if tax incentives are taken away, and that employers will stop offering retirement plans. Tax reform on retirement savings has already happened in Denmark, and research published by the National Bureau for Economic Research (NBER) shows employers followed the lead of employees in their retirement-savings offerings.Read more >
Millennials Could Face Late Retirement
The class of 2015 faces a retirement age as late as 75—two years later than what the Class of 2013 could expect—because of increasing student loan debt, rising rents and Millennials’ approach to money management, according to analysis by NerdWallet.Read more >
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