401(k) Savers See Strong Gains Despite Market Volatility: ICI, EBRI
Median balances saw a 25.9% annualized increase from 2019 through 2023.
Tag: EBRI
Research Halted at Two More University Retirement Centers After Social Security Funding Cuts
Following February executive orders, research centers at the University of Michigan and Baruch College have scaled back operations.
Participants Lack Awareness of Mental Health Coverage Despite Improved Offerings
An EBRI study found 39% of health plan participants were unsure whether mental health services were covered in the same...
EBRI: Long-Term Care One of the Most Under-Addressed Retirement Risks
Researchers found the availability and affordability of long-term services and support pose threats to retirement readiness.
Many HSA Holders Withdrew More Than They Contributed: EBRI
Balances still grew despite the increase rate of withdrawals in 2023, the report found.
Benefits |
DC Plans, Social Security Help Strengthen Retirement Security Net, per EBRI Forum
EBRI's Craig Copeland says, particularly for younger workers with long tenures in the DC system, Social Security and retirement plans...
Benefits |
Employee Resource Groups Can Make Financial Wellness More Approachable, EBRI Panel Says
Speakers at a webinar shared how the smaller cohorts can connect employees with resources that are most relevant to them.
Military Households Express Higher Retirement Confidence Than Nonmilitary Households
According to a survey conducted by the Employee Benefits Research Institute, military households are more likely to have a higher...
Flexible Savings Account Forfeitures Slightly on the Rise
New data from the Employee Benefits Research Institute reveals that around half of FSA accountholders forfeited unused funds to their...
EBRI: Americans’ Retirement Confidence Shows Slight Improvements
Workers and retirees expressed more confidence in their wages, but many are still concerned about inflation, emergency savings and having...
Benefits |
HSA Balances on the Rise, Despite Higher Spending on Health Care
Average health savings account balances continue to increase, even as employees often treat them as short-term spending vehicles and take...
EBRI Report Estimates At Least 21.9M Workers Will Be Eligible for Saver’s Match
Qualified recipients will be able to collect up to $1,000 in federal matching retirement plan contributions, starting in 2027.
EBRI to Host Webinar on Impact of Credit Card, Student Loan Debt
The March 27 event will see panelists discuss how mounting debt can negatively impact employees’ 401(k) contributions and balances.
EBRI Makes Board of Trustees Appointments
The newcomers include Sandy McCarthy of OneAmerica Financial, who takes over as chair.
Education Savings Benefits Gain Momentum as Employees Struggle With Student Debt
As loan repayments are an obstacle limiting employees’ retirement savings, education savings benefits are an opportunity for employers to relieve...
Small Businesses Don’t Know About Plan Creation Tax Credits, per EBRI
That’s despite citing profitability and plan cost among their chief reasons for not starting a plan.
Pension-Linked Emergency Accounts Can Incentivize Lower-Income Enrollment
PLESAs can address liquidity concerns for workers, one of SECURE 2.0’s co-authors argued at the EBRI-Milken Retirement Symposium.
Benefits |
Projected Health Care Costs for Medicare Beneficiaries Rose Again in 2023
Some couples may need to have as much as $413,000 saved to afford premiums, deductibles and out-of-pocket drug costs in...
The Impact of Spending Spikes on Retirement Readiness
Report reveals that higher credit card debt is associated with lower 401(k) contributions and account balances.
EBRI Finds Increased Use of Certain Medical Services Covered by HSA-Eligible Plans
A 2019 IRS policy change has resulted in 75% of large employers that offer HSA-eligible plans expanding their pre-deductible coverage...