US Employees Decrease 401(k) Contributions Amid Increased Financial Stress
According to several research reports, U.S. workers are increasingly concerned about inflation and outliving their savings in retirement, triggering a...
Tag: DC plan contributions
How Do Different Plan Contribution Safe Harbors Work?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Plan Design, Flexibility Outpace Employer Contributions Among Plan Sponsors’ Priorities
Only 12% of employers in a recent Willis Towers Watson survey reported looking to increase their contributions to defined contribution...
Retirement Contributions, Hardship Distributions Both Increased in Q1
Despite the markets dragging down retirement account balances, a snapshot of early-2023 activity shows workers still saving.
ICI Finds Patterns in Retirement Plan Participant Loan Activity
ICI finds that two factors appear to influence DC plan participants’ loan activity: reaction to financial stresses and a seasonal...