Search results for: Baby Boomers
Youngest Workers Feel They Face Most Retirement Obstacles
Workers from Generation Z say the cohort experiences higher financial stress than other generations, affecting their job performance, according to a Charles Schwab study.
Women Making Retirement Savings Progress, Fidelity Finds
A higher percentage of women are saving for retirement than four years ago, and women are staying the course when there is market volatility, new data shows.
Social Security Will Not Provide Sufficient Retirement Income for Low-Wage Workers
Low-income workers can delay retirement, liquidate home equity and utilize a workplace retirement plan to improve their retirement readiness, new Vanguard data reveals.
Defined Contribution Plans Climb for 4th Straight Quarter
U.S. retirement plan assets increased at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent research shows retirement plan participants lack know-how to...
Americans Show Lack of Knowledge, Uptake of Long-Term Care Insurance
The U.S. will soon have more 65-year-olds than ever before, but many are unprepared for long-term care costs, new data from Nationwide shows.
Tidbits |
Tidbits
Employees Are Paying Attention According to a survey of 1,000 employed U.S. adults and 600 human resources executives earlier this year, 69% of employees said they’re more closely...
Gen Xers Profess Low Retirement Confidence, Concerns About Guaranteed Income
As many in the generation worry they cannot rely on Social Security or a pension for lifetime income, Gen Xers fear their savings will be insufficient in retirement,...
Benefits |
PSNC 2023: DB Plan Design
Speakers advise plan sponsors on what to consider when looking to terminate their defined benefit plans and offering lump sums to participants.
Benefits |
Employers, Participants Show Increased Focus on Mental Health Benefits
Many employees are investing in mental health care and value employers who offer mental health benefits.
Interest Grows Among Employers in Retaining Retiree Assets In-Plan
Cost, administrative work and fiduciary duties are all considerations when contemplating changing from traditional retirement plan structures.