Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 1st, 2015
Benefits & Administration
Pre-Retirees Are Pro-Automatic Retirement Savings
Pre-retirees between the ages of 50 and 62 say they are very comfortable with automatic deposits to their 401(k), mortgage or permanent life insurance, a New York Life survey found. Nearly two-thirds (64%) say that automatic saving gives them more confidence heading into retirement than other forms of savings. However, nearly half (46%) say it is difficult for them to save anything above what is being automatically routed to their 401(k) due to the financial demands they are facing. What advice do they give younger generations?Read more >
Products, Deals & People
The Plan Sponsor Council of America (PSCA) has prepared resources retirement plan sponsors may use for a plan participant educational campaign corresponding with 401(k)/403(b) Day.Read more >